Public Employees Retirement System of Ohio acquired a new stake in Fortuna Silver Mines Inc. (NYSE:FSM – Free Report) (TSE:FVI) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 379,141 shares of the basic materials company’s stock, valued at approximately $1,765,000. Public Employees Retirement System of Ohio owned 0.12% of Fortuna Silver Mines as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Van ECK Associates Corp increased its holdings in shares of Fortuna Silver Mines by 2.6% during the 3rd quarter. Van ECK Associates Corp now owns 30,563,833 shares of the basic materials company’s stock worth $141,511,000 after acquiring an additional 788,703 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Fortuna Silver Mines by 6.0% in the second quarter. Dimensional Fund Advisors LP now owns 6,107,298 shares of the basic materials company’s stock valued at $29,865,000 after purchasing an additional 346,008 shares during the last quarter. D. E. Shaw & Co. Inc. increased its holdings in shares of Fortuna Silver Mines by 165.9% in the second quarter. D. E. Shaw & Co. Inc. now owns 5,557,376 shares of the basic materials company’s stock valued at $27,176,000 after purchasing an additional 3,467,562 shares during the last quarter. Acadian Asset Management LLC raised its position in shares of Fortuna Silver Mines by 12,560.3% in the second quarter. Acadian Asset Management LLC now owns 5,418,611 shares of the basic materials company’s stock valued at $26,456,000 after purchasing an additional 5,375,811 shares during the period. Finally, Renaissance Technologies LLC lifted its stake in shares of Fortuna Silver Mines by 94.9% during the 2nd quarter. Renaissance Technologies LLC now owns 5,147,900 shares of the basic materials company’s stock worth $25,173,000 after buying an additional 2,507,249 shares during the last quarter. Institutional investors own 33.80% of the company’s stock.
Fortuna Silver Mines Stock Down 5.9 %
Shares of FSM opened at $4.33 on Thursday. The firm has a market cap of $1.36 billion, a P/E ratio of 54.13 and a beta of 1.55. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.37 and a current ratio of 1.94. Fortuna Silver Mines Inc. has a 52 week low of $2.63 and a 52 week high of $6.36. The firm’s 50-day simple moving average is $4.84 and its 200 day simple moving average is $4.84.
Fortuna Silver Mines Company Profile
Fortuna Mining Corp. engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d’Ivoire. It operates through Mansfield, Sanu, Sango, Cuzcatlan, Bateas, and Corporate segments. The company primarily explores for silver, lead, zinc, and gold. Its flagship project is the Séguéla gold mine, which consists of approximately 62,000 hectares and is located in the Worodougou Region of the Woroba District, Côte d’Ivoire.
Read More
- Five stocks we like better than Fortuna Silver Mines
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Novo Nordisk: A New Boost for GLP-1 Sales on the Horizon
- Which Wall Street Analysts are the Most Accurate?
- Why Now Is the Ultimate Time to Invest in Oil Stocks
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Q4’s Most Upgraded Stocks: Promising Buys for 2025
Receive News & Ratings for Fortuna Silver Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortuna Silver Mines and related companies with MarketBeat.com's FREE daily email newsletter.