Fortuna Silver Mines Inc. (FVI:CA) Rises 6.11% for December 13

Equities Staff  |

December 13 was a positive day for Fortuna Silver Mines Inc. (FVI:CA) as its stock finished the day having gained 6.11% to hit a price of $6.25 a share. The company reached a market cap of 997.73 million and has 159.64 million shares outstanding. Fortuna Silver Mines Inc. is a component of the the S&P/TSX SmallCap Index.

687,897 shares changed hands over the course of the day as compared to an average volume of 322,257 over the last 30 days for Fortuna Silver Mines Inc..

Fortuna Silver Mines Inc is a Canada-based precious metals producer. Its business operations comprised of mining and related activities in Latin America, including exploration, extraction, and processing of silver- lead, zinc, and silver-gold.. The company makes its home in Vancouver, BC, and is currently under the leadership of CEO Jorge Durant.

Fortuna Silver Mines Inc. has hit a high of $9.18 and reached a low of $5.13 over its last year of trading. The stock’s 50-day SMA is now $5.54 and 200-day SMA is $6.10. As for its price valuations, the P/E ratio is at 11.6 and P/B is now 2.22.

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The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.

To get more information on Fortuna Silver Mines Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: FVI:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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