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Fortuna Silver Mines Inc. (FSM) [hlAlert]

down 16.26 %

Fortuna Silver Mines Inc. (FSM) rated Outperform by Raymond James

Posted on: Thursday,  May 9, 2013  9:25 AM ET by Raymond James

Raymond James rated Outperform Fortuna Silver Mines Inc. (NYSE: FSM) on 05/09/2013, when the stock price was $2.89.
Since then, Fortuna Silver Mines Inc. has lost 16.26% as of 01/27/2016's recent price of $2.42.
If you would have followed this Raymond James's recommendation on FSM, you would have lost 16.26% of your investment in 993 days.

Fortuna Silver Mines Inc. engages in the mining and production silver and base metal in Latin America. Its primary assets consist of the Caylloma zinc/lead/silver mine, which is located to the northwest of Arequipa, Peru; and the San Jose silver/gold project that is located south of the city of Oaxaca, Mexico. The company was formerly known as Fortuna Ventures Inc. and changed its name to Fortuna Silver Mines Inc. in June 2005. Fortuna Silver Mines Inc. The company was incorporated in 1990 and is headquartered in Lima, Peru.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/9/2013 9:25 AM Buy
as of 12/13/2013
1 Week down  -3.14 %
1 Month down  -24.52 %
3 Months down  -26.71 %
1 YTD down  -4.15 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/9/2013 9:25 AM Buy

(*) Stock Price at the time of the recommendation.
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