Dundee Capital Markets Praises Fortuna and Tahoe

Mineweb reported that Fortuna Silver Mines Inc. (TSX:FVI,NYSE:FSM) and Tahoe Resources Inc. (TSX:THO,NYSE:TAHO) are Dundee Capital Markets’ top picks in the silver sector. Both have “[l]ow mining costs and clean balance sheets.”

As quoted in the market news:

‘Fortuna, Tahoe and SilverCrest continue to stand out as names that can generate cash in today’s price environment,’ he advised. ‘Coeur remains the highest-cost producer in our coverage universe and should remain so.’

‘Balance sheet strength within our coverage universe continues to show a large spread and we think is a key differentiator in terms of the downside risk associated with the silver producers,’ said O’Keefe. ‘Those in the strongest position continue to be Fortuna Silver and Tahoe Resources.’

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