Insider Selling: Fortuna Silver Mines (TSE:FVI) Insider Sells C$422,520.00 in Stock

Fortuna Silver Mines Inc. (TSE:FVI) (NYSE:FSM) insider David Whittle sold 28,000 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of C$15.09, for a total value of C$422,520.00. Following the completion of the sale, the insider directly owned 35,646 shares of the company’s stock, valued at C$537,898.14. The trade was a 43.99% decrease in their ownership of the stock.

David Whittle also recently made the following trade(s):

• On Tuesday, August 11th, David Whittle sold 15,000 shares of Fortuna Silver Mines stock. The stock was sold at an average price of C$15.07, for a total value of C$226,050.00.
• On Tuesday, August 11th, David Whittle sold 22,000 shares of Fortuna Silver Mines stock. The shares were sold at an average price of C$15.09, for a total value of C$331,980.00.
• On Tuesday, August 11th, David Whittle sold 18,000 shares of Fortuna Silver Mines stock. The shares were sold at an average price of C$15.09, for a total value of C$271,620.00.
• On Tuesday, August 11th, David Whittle sold 17,646 shares of Fortuna Silver Mines stock. The shares were sold at an average price of C$15.11, for a total value of C$266,631.06.

Fortuna Silver Mines Stock Performance

Shares of FVI stock traded up C$0.14 during trading hours on Wednesday, hitting C$15.20. The stock had a trading volume of 353,285 shares, compared to its average volume of 1,017,644. The company has a debt-to-equity ratio of 13.25, a current ratio of 3.00 and a quick ratio of 1.15. The firm has a market capitalization of C$4.50 billion, a PE ratio of 12.88 and a beta of 2.66. The stock’s 50 day moving average is C$12.40 and its 200 day moving average is C$13.76. Fortuna Silver Mines Inc. has a twelve month low of C$9.56 and a twelve month high of C$18.99.

Fortuna Silver Mines Company Profile

Fortuna Mining Corp., formerly Fortuna Silver Mines Inc, is a Canada-based precious metals mining company with mines in the Latin America and West Africa regions. It has operated mines in Argentina, Burkina Faso, Cote d’Ivoire, Mexico, and Peru. Its mine products include gold, silver, lead, and zinc. Its mines and projects include Seguela Mine, Yaramoko Mine, Lindero Mine, San Jose Mine, and Caylloma Mine. The Seguela Mine is located in the Worodougou Region of the Woroba District, Cote d’Ivoire, approximately 500 km from Abidjan.