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Fortuna Silver Mines (FSM) Catches Eye: Stock Jumps 10.3%
Fortuna Silver Mines Inc. (FSM - Free Report) was a big mover last session, as its shares rose over 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $5.40 to $6.53 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days while the Zacks Consensus Estimate moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if Wednesday’s move higher lasts.
Fortuna Silver Mines currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
FORTUNA SILVER Price
FORTUNA SILVER Price | FORTUNA SILVER Quote
Another stock in the mining industry is First Majestic Silver Corp. (AG - Free Report) which sports a better Zacks Rank #1 (Strong Buy).
Is FSM going up? Or down? Predict to see what others think: Up or Down
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