Fresnillo PLC (OTCMKTS:FNLPF) Given Average Rating of “Hold” by Brokerages

Shares of Fresnillo PLC (OTCMKTS:FNLPF) have been given an average recommendation of “Hold” by the eight ratings firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and one has assigned a buy recommendation to the company.

FNLPF has been the subject of a number of research analyst reports. Zacks Research cut shares of Fresnillo from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Scotiabank upgraded shares of Fresnillo from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 16th. Finally, Citigroup reissued a “buy” rating on shares of Fresnillo in a research note on Monday, April 13th.

Fresnillo Trading Up 2.8%

Fresnillo stock opened at $35.45 on Thursday. The company’s fifty day moving average price is $39.83 and its 200 day moving average price is $45.90. Fresnillo has a 1 year low of $18.31 and a 1 year high of $61.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.35 and a quick ratio of 3.88.

About Fresnillo

Fresnillo plc is a precious metals mining company focused on the production, exploration and development of silver and gold. The company is widely recognized as a leading primary silver producer and a significant gold producer, operating in the mining sector with activities that span underground and open-pit mining, mineral processing and concentrator operations. Fresnillo’s business centers on bringing mined ore through processing to produce saleable precious metal products for industrial and investment markets.

Operationally, the company manages a portfolio of producing mines and development projects, with exploration programs intended to extend mine life and expand resource bases.