Barclays PLC Purchases Shares of 480,936 Fortuna Silver Mines Inc. (NYSE:FSM)

Barclays PLC acquired a new position in shares of Fortuna Silver Mines Inc. (NYSE:FSM) (TSE:FVI) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 480,936 shares of the basic materials company’s stock, valued at approximately $2,227,000. Barclays PLC owned approximately 0.15% of Fortuna Silver Mines as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Financial Management Professionals Inc. bought a new stake in Fortuna Silver Mines during the third quarter worth $29,000. Banque Cantonale Vaudoise bought a new stake in shares of Fortuna Silver Mines in the 2nd quarter worth $36,000. Private Advisor Group LLC purchased a new stake in shares of Fortuna Silver Mines in the third quarter valued at about $50,000. Hohimer Wealth Management LLC bought a new position in shares of Fortuna Silver Mines during the second quarter valued at about $54,000. Finally, Choreo LLC purchased a new position in Fortuna Silver Mines during the second quarter worth about $59,000. 33.80% of the stock is owned by hedge funds and other institutional investors.

Fortuna Silver Mines Trading Up 0.2 %

NYSE:FSM opened at $4.36 on Thursday. Fortuna Silver Mines Inc. has a 52 week low of $2.63 and a 52 week high of $6.36. The firm has a 50-day moving average price of $4.81 and a two-hundred day moving average price of $4.79. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.37 and a current ratio of 1.94. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 54.51 and a beta of 1.55.

About Fortuna Silver Mines

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.