CIBC Lowers Fortuna Silver Mines Rating to Sector Perform

Daily Political reported that investment analysts at CIBC have downgraded Fortuna Silver Mines Inc. (TSX:FVI,NYSE:FSM) from the rating of “sector outperform” to “sector perform.”

As quoted in the market news:

Other equities research analysts have also recently issued reports about the stock. Analysts at BMO Capital Markets downgraded shares of Fortuna Silver Mines from a “market perform” rating to an “underperform” rating in a research note to investors on Monday, July 1st. They now have a $2.50 price target on the stock, down previously from $4.50. Separately, analysts at Dundee Securities initiated coverage on shares of Fortuna Silver Mines in a research note to investors on Tuesday, June 4th. They set a “buy” rating on the stock. Finally, analysts at Canaccord Genuity initiated coverage on shares of Fortuna Silver Mines in a research note to investors on Monday, June 3rd. They set a “focus stock” rating on the stock

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