|Bid||6.40 x 4000|
|Ask||6.45 x 2900|
|Day's Range||6.36 - 6.58|
|52 Week Range||3.08 - 9.85|
|Beta (5Y Monthly)||1.13|
|PE Ratio (TTM)||53.75|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
As the economy enters uncharted territory, there may be opportunities among the market's most undervalued equities.
The precious metals miner had some good news to report, but it was the kind that often leads to a price drop. Here's a quick look.
Shares of Fortuna Silver Mines Inc tumbled by as much as 17% on Monday after the Canadian company agreed to buy West Africa-focused gold miner Roxgold Inc in a cash-and-stock deal valued at about C$1 billion ($884.32 million). The deal will further consolidate a fragmented gold sector and is the latest in West Africa following rival Endeavour Mining's $2 billion purchase of Teranga Gold last November. But investors, skittish over pricey takeover deals on the back of higher gold prices, drove Fortuna shares down 17.5% to C$7.95.