Silver Mines

Silver Mines Ltd (ASX:SVL, OTC:SLVMF) has boosted its exploration portfolio through the acquisition of two historic silver and gold assets in California — the Calico North and Kramer Hills projects in San Bernardino County, an area renowned for its rich mineral endowment. Silver Mines has committed to acquiring 100% of the Calico North Project and up to an 80% interest in the Kramer Hills Project.» Mehr auf proactiveinvestors.com

Silver Mines Ltd has received a significant boost for its flagship Bowdens Silver Project in central New South Wales, with a positive determination from the NSW Planning Secretary on the Project's transmission line, paving the way for final consent. The company had requested clarity from the Department of Planning, Housing and Infrastructure (DPHI) on whether the 66-kilovolt (kV) transmission line intended to power the mine would be considered part of the main development application (DA) for Bowdens.» Mehr auf proactiveinvestors.com

Fortuna Silver Mines Inc. (TSE:FVI – Free Report) (NYSE:FSM) – Equities research analysts at National Bank Financial issued their Q2 2024 EPS estimates for shares of Fortuna Silver Mines in a research note issued to investors on Thursday, May 16th. National Bank Financial analyst D. Demarco expects that the company will post earnings of $0.10 per share for the quarter. The consensus estimate for Fortuna Silver Mines’ current full-year earnings is $0.29 per share. National Bank Financial also issued estimates for Fortuna Silver Mines’ Q3 2024 earnings at $0.15 EPS and Q4 2024 earnings at $0.12 EPS. Fortuna Silver Mines (TSE:FVI – Get Free Report) (NYSE:FSM) last posted its quarterly earnings data on Wednesday, March 6th. The company reported C$0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.11 by C($0.01). Fortuna Silver Mines had a negative return on equity of 2.02% and a negative net margin of 3.98%. The company had revenue of C$361.23 million for the quarter. Other analysts have also issued reports about the stock. BMO Capital Markets lifted their target price on shares of Fortuna Silver Mines from C$6.50 to C$8.00 in a research report on Thursday, May 9th. National Bankshares lifted their target price on shares of Fortuna Silver Mines from C$7.75 to C$9.00 and gave the company a “sector perform” rating in a research report on Friday. CIBC lifted their target price on shares of Fortuna Silver Mines from C$7.00 to C$8.00 in a research report on Monday, April 15th. Finally, Canaccord Genuity Group lifted their target price on shares of Fortuna Silver Mines from C$6.00 to C$7.50 in a research report on Tuesday, April 23rd. Check Out Our Latest Report on Fortuna Silver Mines Fortuna Silver Mines Price Performance Shares of Fortuna Silver Mines stock opened at C$7.94 on Monday. The company has a debt-to-equity ratio of 16.86, a quick ratio of 1.15 and a current ratio of 1.27. The firm’s 50-day simple moving average is C$5.96 and its 200-day simple moving average is C$5.04. Fortuna Silver Mines has a twelve month low of C$3.56 and a twelve month high of C$7.95. The firm has a market cap of C$2.43 billion, a P/E ratio of -49.63 and a beta of 1.60. Insider Buying and Selling at Fortuna Silver Mines In other Fortuna Silver Mines news, Senior Officer Eric Chapman sold 12,195 shares of the business’s stock in a transaction dated Friday, May 17th. The shares were sold at an average price of C$7.74, for a total value of C$94,389.30. In other news, Senior Officer David Whittle sold 5,421 shares of the company’s stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of C$4.91, for a total transaction of C$26,617.11. Also, Senior Officer Eric Chapman sold 12,195 shares of the company’s stock in a transaction that occurred on Friday, May 17th. The stock was sold at an average price of C$7.74, for a total transaction of C$94,389.30. Insiders have sold a total of 66,516 shares of company stock worth $434,382 over the last ninety days. Corporate insiders own 0.77% of the company’s stock. Fortuna Silver Mines Company Profile (Get Free Report) Fortuna Silver Mines Inc 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.» Mehr auf defenseworld.net