The stock market wasn’t able to get past its recent turbulence to start the new week on Monday, and investors saw another sizable pullback in major market benchmarks.
Below, we’ll provide what for many investors will be an introduction to Fortuna Silver Mines , and explain why their shares are moving higher Monday.
Unfortunately, silver prices have been in a slump lately, and that hasn’t helped Fortuna’s fortunes.
The really big winner among stocks on Monday was in another obscure corner of the markets.
The REIT will spin off the assets of its single-family rental business to current investors, with an estimated net asset value of $5.60 per share.
It’ll be interesting to see whether similarly placed real estate investment trusts start to receive offers from other institutional investment companies — and if so, whether the premiums to current share prices are as lucrative for current shareholders.