Shares of Fortuna Silver Mines Inc. (FSM) Sees Large Inflow of Net Money Flow

Fortuna Silver Mines Inc. (FSM) dropped slightly amid mild profit booking and the last known price was $6.2 per share. The price decreased by -0.04 points or -0.64% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $0.37 million. The total upticks were valued at $0.4 million and the total downticks aggregated to $0.03 million, thereby putting the up/down ratio at 12.11,. The shares has seen a change in the share price of 0.65% on a weekly basis.In a big block trade which occurred today, the total uptick value was $0.39 million and the total downtick value was $0, resulting in an up/down ratio of 0. The net money flow for the block trade was calculated to be $0.39 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of Fortuna Silver Mines Inc. rose by 0.81% in the last five trading days and 10.8% for the last 4 weeks. Fortuna Silver Mines Inc. has dropped 8.48% during the last 3-month period . Year-to-Date the stock performance stands at 10.8%. Fortuna Silver Mines Inc. (NYSE:FSM) rose 0.32% or 0.02 points on Wednesday and made its way into the gainers of the day. After trading began at $6.17 the stock was seen hitting $6.2969 as a peak level and $6.13 as the lowest level. The stock ended up at $6.26. The daily volume was measured at 1,519,135 shares. The 52-week high of the share price is $9.75 and the 52-week low is $2.51. The company has a market cap of $921 million.

Fortuna Silver Mines Inc. is engaged in the exploration, mining and development of silver and base metal properties in Latin America. Its core assets include the Caylloma Ag-Pb-Zn-Cu Mine located in Arequipa, Peru and the San Jose Ag – Au Project located in Oaxaca, Mexico. Fortuna Silver Mines Inc. is headquartered in Lima, Peru.


Share this post

Leave a Reply