Advertisement
UK markets close in 7 hours 23 minutes
  • FTSE 100

    8,281.28
    +67.79 (+0.83%)
     
  • FTSE 250

    20,355.20
    +190.66 (+0.95%)
     
  • AIM

    776.24
    +4.71 (+0.61%)
     
  • GBP/EUR

    1.1650
    -0.0010 (-0.08%)
     
  • GBP/USD

    1.2534
    -0.0029 (-0.23%)
     
  • Bitcoin GBP

    50,824.05
    -713.57 (-1.38%)
     
  • CMC Crypto 200

    1,370.35
    +5.23 (+0.38%)
     
  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     
  • DOW

    38,852.27
    +176.59 (+0.46%)
     
  • CRUDE OIL

    78.30
    -0.18 (-0.23%)
     
  • GOLD FUTURES

    2,326.80
    -4.40 (-0.19%)
     
  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     
  • HANG SENG

    18,473.01
    -105.29 (-0.57%)
     
  • DAX

    18,228.93
    +53.72 (+0.30%)
     
  • CAC 40

    8,021.57
    +24.93 (+0.31%)
     

Why This $5 Silver Stock Sank 20% in June and Is Heading Lower

Why This $5 Silver Stock Sank 20% in June and Is Heading Lower

Shares of Fortuna Silver Mines (NYSE: FSM) sank 20.1% in the month of June, according to data provided by S&P Global Market Intelligence. With that drop, the silver mining stock gave up all of its gains from May and then some, and the stock isn't done just yet: It's already down about another 7% so far in July. The company's recent acquisition, even as silver prices got whacked, didn't go down well with the market.