Fresnillo PLC (FNLPF) – What Are Brokerages Saying About This Stock?

Fresnillo PLC (OTCMKTS:FNLPF) has been assigned a consensus rating of “Reduce” from the seven analysts that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company.

Several research firms have recently commented on FNLPF. Barclays cut Fresnillo from an “equal weight” rating to a “strong sell” rating in a research note on Thursday, September 3rd. Jefferies Financial Group assumed coverage on shares of Fresnillo in a research report on Monday, August 3rd. They issued a “hold” rating on the stock. Zacks Research raised shares of Fresnillo from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. Finally, Scotiabank upgraded shares of Fresnillo from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 16th.

Fresnillo Stock Down 5.6%

Fresnillo stock opened at $29.97 on Friday. The stock has a 50 day moving average of $37.97 and a two-hundred day moving average of $42.98. Fresnillo has a twelve month low of $27.24 and a twelve month high of $61.00. The company has a quick ratio of 5.59, a current ratio of 6.35 and a debt-to-equity ratio of 0.15.

About Fresnillo

Fresnillo plc is a Mexico-focused precious metals mining company that explores for, develops, and produces silver and gold. Its operations include underground and open-pit mines, processing facilities, and exploration projects, with production primarily consisting of silver-bearing concentrates, doré and related mineral products.

The company operates in Mexico, including the states of Zacatecas, Durango and Sonora. Its portfolio has included the Fresnillo, Saucito, San Julián, Ciénega and Herradura mines, as well as the Juanicipio silver-gold project, which Fresnillo operates in partnership with MAG Silver.