Montrusco Bolton Investments Lowers stake in Fortuna Silver Mines Inc (FSM)

Fortuna Silver Mines Inc (FSM) : Montrusco Bolton Investments reduced its stake in Fortuna Silver Mines Inc by 8.26% during the most recent quarter end. The investment management company now holds a total of 11,117,819 shares of Fortuna Silver Mines Inc which is valued at $89,720,799 after selling 1,001,325 shares in Fortuna Silver Mines Inc , the firm said in a disclosure report filed with the SEC on Jul 20, 2016.Fortuna Silver Mines Inc makes up approximately 5.48% of Montrusco Bolton Investments’s portfolio.

Other Hedge Funds, Including , Simplex Trading boosted its stake in FSM in the latest quarter, The investment management firm added 84,898 additional shares and now holds a total of 90,072 shares of Fortuna Silver Mines Inc which is valued at $701,661. Fortuna Silver Mines Inc makes up approx 0.09% of Simplex Trading’s portfolio. Cutler Group Lp added FSM to its portfolio by purchasing 50,492 company shares during the most recent quarter which is valued at $443,825. Fortuna Silver Mines Inc makes up approx 0.03% of Cutler Group Lp’s portfolio.Davenport Co reduced its stake in FSM by selling 807,251 shares or 23.39% in the most recent quarter. The Hedge Fund company now holds 2,644,338 shares of FSM which is valued at $23,243,731. Fortuna Silver Mines Inc makes up approx 0.34% of Davenport Co’s portfolio.Next Financial Group Inc reduced its stake in FSM by selling 525 shares or 50.0% in the most recent quarter. The Hedge Fund company now holds 525 shares of FSM which is valued at $4,562.

Fortuna Silver Mines Inc closed down -0.65 points or -7.70% at $7.79 with 17,79,534 shares getting traded on Wednesday. Post opening the session at $8.2, the shares hit an intraday low of $7.71 and an intraday high of $8.2 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Fortuna Silver Mines Inc. (Fortuna) is a Canada-based mining company which is engaged in silver mining and related activities in Latin America including exploration extraction and processing. The Company is engaged in the mining and processing of silver-lead zinc and silver-gold products and the sale of these products. The Company operates the Caylloma mine and the San Jose mine. Caylloma is an underground silver lead and zinc mine located in southern Peru in the Arequipa Department. San Jose is an underground silver-gold mine located in southern Mexico in the State of Oaxaca. The Company operates in Canada Peru and Mexico. The Company’s subsidiaries include Minera Bateas S.A.C. Fortuna Silver Mines Peru S.A.C. Compania Minera Cuzcatlan SA Fortuna Silver Mexico S.A. de CV. Fortuna Silver (Barbados) Inc. and Continuum Resources Ltd.

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