Fresnillo Plc (FRES) Given Neutral Rating at Macquarie
FRES has been the topic of a number of other reports. Citigroup Inc. reaffirmed a sell rating and set a GBX 1,225 ($16.25) price objective on shares of Fresnillo Plc in a report on Thursday, July 27th. Barclays PLC decreased their price objective on Fresnillo Plc from GBX 1,500 ($19.90) to GBX 1,350 ($17.91) and set an equal weight rating on the stock in a report on Friday, July 14th. Numis Securities Ltd reaffirmed a hold rating and set a GBX 1,600 ($21.22) price objective on shares of Fresnillo Plc in a report on Thursday, August 3rd. Finally, HSBC Holdings plc downgraded Fresnillo Plc to a hold rating and decreased their price objective for the company from GBX 1,830 ($24.27) to GBX 1,760 ($23.35) in a report on Monday, June 12th. Two analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. The company presently has a consensus rating of Hold and a consensus price target of GBX 1,415.50 ($18.78).
Shares of Fresnillo Plc (LON:FRES) traded up 0.49% during mid-day trading on Wednesday, hitting GBX 1435.00. The stock had a trading volume of 680,735 shares. The stock’s market cap is GBX 10.57 billion. Fresnillo Plc has a one year low of GBX 1,052.00 and a one year high of GBX 1,864.00. The firm has a 50 day moving average of GBX 1,518.16 and a 200 day moving average of GBX 1,534.22.
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The firm also recently announced a dividend, which was paid on Friday, September 8th. Stockholders of record on Thursday, August 10th were issued a $0.11 dividend. This represents a dividend yield of 0.53%. The ex-dividend date was Thursday, August 10th.
About Fresnillo Plc
Fresnillo plc is a holding company. Through its subsidiaries, the Company is engaged in the mining and beneficiation of non-ferrous minerals, and the sale of related production. The primary contents of this production include silver, gold, lead and zinc. The Company has six operating mines: Fresnillo, located in the State of Zacatecas, which is primary silver mine; Saucito, located in the State of Zacatecas, an underground silver mine; Cienega, located in the State of Durango, an underground gold mine, including the San Ramon satellite mine; Herradura, located in the State of Sonora, a surface gold mine; Soledad-Dipolos mine, located in the State of Sonora, a surface gold mine, and Noche Buena, located in State of Sonora, a surface gold mine.
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