|Bid||3.3800 x 0|
|Ask||3.4000 x 0|
|Day's Range||3.2400 - 3.4800|
|52 Week Range||2.0500 - 6.1200|
|Beta (5Y Monthly)||1.27|
|PE Ratio (TTM)||24.14|
|Earnings Date||Mar. 29, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.48|
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Fortuna Silver Mines, Inc. (FSM) (FVI.TO) provides an update on the status of its operations (refer to Fortuna news release dated March 17, 2020), production and cost guidance for 2020 and its financial position in response to the COVID-19 pandemic. On Sunday, March 15, 2020, the Government of Peru introduced a series of measures to contain the rapid spread of COVID-19 which included: the closing of international borders and a declaration of a fifteen-day period of mandatory national “social isolation”. The period of social isolation has been subsequently extended to April 12, 2020.
Fortuna Silver Mines Inc. (FSM) (FVI.TO) reports that the Company has filed today its fiscal 2019 annual report on Form 40-F with the U.S. Securities and Exchange Commission (“SEC”). The Form 40-F, which includes the Company’s fiscal 2019 annual audited financial statements, management’s discussion and analysis, and annual information form, is available on the Company’s website and on the SEC’s website. Printed copies of the annual financial statements are available free of charge to Fortuna shareholders upon written request.
VANCOUVER — Fortuna Silver Mines Inc. says its San Jose silver and gold mine in southwestern Mexico is resuming operations today.In a brief report late Wednesday, it said an illegal blockade of roads in the municipality of San Jose del Progreso that prevented access to the mine has ended.Earlier this week, the Canadian company said a group of people led by the former mayor of San Jose del Progreso had erected the blockades to protest state actions to revoke his appointment as mayor.Local media illustrated the story on their web pages with pictures of gravel trucks parked across a road.Fortuna had left some employees on site to oversee safety and environmental systems and to ensure a prompt return to activity when the blockade was lifted.This report by The Canadian Press was first published March 26, 2020.Companies in this story: (TSX:FVI)The Canadian Press
Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI) is pleased to report updated Mineral Reserve and Mineral Resource estimates as of December 31, 2019 for the Caylloma Mine located in Peru and the San Jose Mine located in Mexico and reiterates the Mineral Reserve and Mineral Resource estimate as of March 31, 2019 for the Lindero Project located in Argentina. Jorge A. Ganoza, President and CEO, commented: “Our infill drill program at Caylloma was successful at replenishing the majority of Mineral Reserves mined in 2019 with higher grade mineralized material.”
Fortuna Silver Mines Inc. (FSM) (FVI.TO) is pleased to report that the illegal blockade of the roads in the municipality of San José del Progreso which prevented access to the San Jose Mine has been lifted (refer to Fortuna news release dated March 24, 2020). Fortuna is a growth oriented, precious metals producer focused on mining opportunities in Latin America. The Company is selectively pursuing acquisition opportunities throughout the Americas and in select other areas.
VANCOUVER — Fortuna Silver Mines Inc. says road blockades have forced it to temporarily halt mining for silver and gold at its San Jose mine in southwestern Mexico.The Canadian company says a group of people led by the former mayor of San Jose del Progreso has illegally blockaded a federal highway and roads, including access to the mine, to protest state actions to revoke his appointment as mayor.Local media illustrated the story on their web pages with pictures of gravel trucks parked across the road and identified the mayor at the centre of the dispute as Amador Vazquez Gomez.They reported in Spanish the intermittent blockades had been ongoing since Monday. Fortuna says it's maintaining a task force on site to oversee safety and environmental systems and to ensure a prompt return to activity when the dispute is solved and the blockade is lifted.Meanwhile, the company says it is suspending construction at its US$298-million Lindero gold mine project in Argentina for 10 days to comply with an order by the government to guard against spread of the COVID-19 pandemic.This report by The Canadian Press was first published March 25, 2020.Companies in this story: (TSX:FVI)The Canadian Press
Fortuna Silver Mines Inc. (FSM) (FVI.TO) reports that a group of individuals led by the former mayor of San José del Progreso, in the state of Oaxaca in Mexico, has illegally blockaded Federal Highway 175 and roads in the municipality of San José del Progreso, including access to the San Jose Mine, to protest the action taken by the Electoral Tribunal of the State of Oaxaca in revoking his appointment as mayor. As a result of the illegal blockade, the Company has temporarily halted mining and processing operations at the San Jose Mine. It maintains a taskforce on site to oversee critical activities to support the appropriate safety and environmental systems in place, and to ensure a prompt return to operations when the blockade is lifted.
Fortuna Silver Mines Inc. (FSM) (FVI.TO) announces that in the evening of March 19, 2020, the Government of Argentina declared effective at midnight a period of mandatory national “social isolation” in relation to COVID-19, effective until March 31, 2020. The Company is proceeding to orderly and safely demobilize its workforce at the Lindero gold Project in Salta Province, Argentina, in accordance with the Executive Order and the processes implemented for this purpose by the Provincial Government of Salta. As a result, the Company is temporarily suspending construction activities at Lindero for ten days.
Fortuna Silver Mines Inc. (FSM) (FVI.TO) reports today that it has been closely monitoring the effects of the spread of the coronavirus respiratory disease (COVID-19), particularly in the jurisdictions that host our mining operations. The rapid worldwide spread of COVID-19 is prompting governments to incrementally implement restrictive measures in an attempt to curb the spread of COVID-19. During this period of uncertainty, our priorities are to safeguard the health and safety of our personnel and our local communities; support and enforce government actions to slow the spread of COVID-19; and to assess and mitigate the risks to our business continuity. The Company has activated its Emergency Response Plan.
To the annoyance of some shareholders, Fortuna Silver Mines (TSE:FVI) shares are down a considerable 43% in the last...
(All amounts expressed in US dollars, unless otherwise stated) VANCOUVER, British Columbia, March 11, 2020 -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) today reported.
Fortuna Silver Mines, Inc. (FSM) (FVI.TO) is pleased to provide an update on the status of the legal proceedings related to a disputed royalty on one of its extracting mining concessions at the San Jose Mine, located in Oaxaca, Mexico. In early February 2020, the Company initiated legal proceedings against the Dirección General de Minas (“DGM”) to contest the procedure taken by the DGM to cancel one of its mining concessions if the disputed royalty plus VAT is not paid before March 15, 2020 (refer to Fortuna news release dated January 29, 2020). The District Court in Mexico City admitted the Company’s legal proceedings and on March 2nd 2020 also granted a permanent stay of execution, which protects the Company from the cancellation of the concession until a resolution by the Court is reached on the legality of the cancellation procedure.
Anyone researching Fortuna Silver Mines Inc. (TSE:FVI) might want to consider the historical volatility of the share...
Fortuna Silver Mines Inc. (FSM) (FVI.TO) announces that it will release its financial statements and MD&A for the fourth quarter and full year 2019 on Wednesday, March 11, 2020 after the market closes. A conference call to discuss the financial and operational results will be held on Thursday, March 12, 2020 at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time.
Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI) is pleased to provide 2020 production, cost, and capital expenditures guidance for its mining operations in Latin America. Capital investment is estimated at US$17.1 million; including US$12.2 million for sustaining capital expenditures and US$4.9 million for Brownfields exploration programs.
Fortuna Silver Mines Inc. (FSM) (FVI.TO) is pleased to provide an update on construction, pre-commissioning and commissioning activities at its 100 percent owned Lindero gold Project located in the Province of Salta, Argentina. Construction progress in December and January was delayed due to a shortfall in contractor personnel; however, the Project continues to advance and is now scheduled to transition from construction and commissioning to operations in the second quarter of 2020. Since then, the Company has completed an extensive review of the Project’s remaining schedule through to operations.
VANCOUVER , Jan. 30, 2020 /CNW/ - Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) is pleased to announce a maiden Mineral Resource Estimate for the Barje Prospect within the Tlamino Project (the "Project" ...