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Analysts Offer Insights on Materials Companies: Fortuna Silver Mines (FSM), Gold Fields (GFI) and Yamana Gold (AUY)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Fortuna Silver Mines (FSMResearch Report), Gold Fields (GFIResearch Report) and Yamana Gold (AUYResearch Report).

Fortuna Silver Mines (FSM)

BMO Capital analyst Ryan Thompson maintained a Buy rating on Fortuna Silver Mines today and set a price target of $6.25. The company’s shares closed last Monday at $2.62, close to its 52-week low of $2.52.

According to TipRanks.com, Thompson is a 3-star analyst with an average return of 2.4% and a 35.7% success rate. Thompson covers the Basic Materials sector, focusing on stocks such as First Majestic Silver, Torex Gold Resources, and Hecla Mining Company.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fortuna Silver Mines with a $5.03 average price target.

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Gold Fields (GFI)

In a report released today, Raj Ray from BMO Capital maintained a Hold rating on Gold Fields, with a price target of $12.00. The company’s shares closed last Monday at $9.16, close to its 52-week low of $7.75.

According to TipRanks.com, Ray is ranked #486 out of 7912 analysts.

Gold Fields has an analyst consensus of Moderate Buy, with a price target consensus of $13.37.

Yamana Gold (AUY)

In a report released today, Jackie Przybylowski from BMO Capital reiterated a Buy rating on Yamana Gold, with a price target of C$7.00. The company’s shares closed last Monday at $4.81.

According to TipRanks.com, Przybylowski is a 4-star analyst with an average return of 7.0% and a 31.4% success rate. Przybylowski covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, First Quantum Minerals, and Osisko Gold Royalties.

Currently, the analyst consensus on Yamana Gold is a Moderate Buy with an average price target of $6.80, which is a 43.8% upside from current levels. In a report issued on July 7, Credit Suisse also maintained a Buy rating on the stock with a $6.00 price target.

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