Loading ...Fortuna Silver
I’ve been watching this for a while, and posted a similar chart a while back. With the metals as lackluster as they were today, I was surprised to see so much strength in the silver miners. They weakened into the close, so this may not be THE move, but the chart below makes me think it might be. Fortuna won’t move in a vacuum, but it might be a leader.
I believe silver miners could be breaking out, look at Paas, CDE, HL and HOC.L all major companies acting strongly. FSM is one of the cheaper mid cap silver names, although will be mining more than 50% of its production in gold from 2019, but this is common as most major silver companies produce only 50-60% in silver.
Agree Alex. Also, the performance relative to silver is showing signs of life, which (IMO) is also an indicator that a turn might be in the works.