Fortuna Silver Mines (TSE:FVI) Stock Crosses Above 200-Day Moving Average - Time to Sell?

Fortuna Silver Mines Inc. (TSE:FVI - Get Free Report) NYSE: FSM's stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$10.71 and traded as high as C$13.83. Fortuna Silver Mines shares last traded at C$13.44, with a volume of 1,773,623 shares traded.Get Fortuna Silver Mines alerts:Analysts Set New Price TargetsA number of research analysts have issued reports on the stock. Canaccord Genuity Group upped their price target on shares of Fortuna Silver Mines from C$10.50 to C$15.00 in a research note on Thursday, October 2nd. National Bankshares upgraded Fortuna Silver Mines from a "sector perform" rating to an "outperform" rating and raised their target price for the stock from C$14.25 to C$15.00 in a research note on Tuesday, November 25th. Finally, Scotiabank raised Fortuna Silver Mines from a "hold" rating to a "strong-buy" rating in a research report on Monday, November 24th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of C$12.33.Check Out Our Latest Stock Report on FVIFortuna Silver Mines Price PerformanceThe firm has a market cap of C$4.13 billion, a PE ratio of 18.16 and a beta of 1.57. The stock has a 50 day simple moving average of C$12.32 and a two-hundred day simple moving average of C$10.71. The company has a debt-to-equity ratio of 13.30, a quick ratio of 1.15 and a current ratio of 1.94. Fortuna Silver Mines (TSE:FVI - Get Free Report) NYSE: FSM last issued its earnings results on Wednesday, November 5th. The company reported C$0.17 EPS for the quarter. The firm had revenue of C$350.00 million for the quarter. Fortuna Silver Mines had a return on equity of 1.91% and a net margin of 2.45%. Sell-side analysts expect that Fortuna Silver Mines Inc. will post 0.7856273 earnings per share for the current year. About Fortuna Silver Mines (Get Free Report)Fortuna Mining Corp., formerly Fortuna Silver Mines Inc, is a Canada-based precious metals mining company with mines in the Latin America and West Africa regions. It has operated mines in Argentina, Burkina Faso, Cote d'Ivoire, Mexico, and Peru. Its mine products include gold, silver, lead, and zinc.Featured ArticlesFive stocks we like better than Fortuna Silver Mines3 REITs to Buy and Hold for the Long TermSynopsys Sees Bullish Shift as Ansys Integration Drives GrowthWant to Profit on the Downtrend? Downtrends, Explained.The Best Holiday Present You Can Give Yourself? Costco StockStock Market Holidays 2022-2025 - Here’s When the NYSE and NASDAQ Will be ClosedWhy Zscaler Stock Could Be Ready to Bounce After a 30% SelloffThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Fortuna Silver Mines Right Now?Before you consider Fortuna Silver Mines, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fortuna Silver Mines wasn't on the list.While Fortuna Silver Mines currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here