The Globe and Mail reports in its Friday, Nov. 17, edition that BMO Capital Markets analyst Kevin O'Halloran reinstated coverage on Fortuna Silver Mines with an "outperform" recommendation and $5.50 share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $5.59. Mr. O'Halloran says in a note: "Fortuna trades at a discounted valuation on a cash flow basis, and we expect [its] shares to rerate to higher levels as investors see a track record of strong operations and cash flow emerge at the recently completed Seguela mine. Further catalysts to Fortuna Silver shares include near-mine exploration to extend mine lives, optimizations at Seguela, and advancement of the recently acquired Diamba Sud gold project to provide further visibility on production growth." The Globe reported on April 18 that CIBC World Markets analysts rated Fortuna Silver "neutral." It was then worth $5.18. The Globe reported on Oct. 24 that National Bank Financial Markets analysts had reaffirmed their "sector perform" recommendation for Fortuna Silver, which was then trading at $4.03.