Fresnillo (LON:FRES) Shares Pass Above 200-Day Moving Average of $538.11

Fresnillo plc (LON:FRESGet Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 538.11 ($6.89) and traded as high as GBX 620.68 ($7.95). Fresnillo shares last traded at GBX 568.50 ($7.28), with a volume of 1,983,296 shares traded.

Analyst Upgrades and Downgrades

Several analysts recently commented on FRES shares. Barclays cut their price objective on shares of Fresnillo from GBX 630 ($8.07) to GBX 615 ($7.88) and set an “equal weight” rating on the stock in a research report on Tuesday, May 7th. JPMorgan Chase & Co. upped their target price on shares of Fresnillo from GBX 750 ($9.61) to GBX 800 ($10.25) and gave the company an “overweight” rating in a research note on Tuesday, May 28th. Finally, Berenberg Bank upped their target price on shares of Fresnillo from GBX 480 ($6.15) to GBX 570 ($7.30) and gave the company a “hold” rating in a research note on Thursday, April 25th.

Check Out Our Latest Stock Report on FRES

Fresnillo Stock Down 7.8 %

The company’s 50 day moving average price is GBX 575.47 and its two-hundred day moving average price is GBX 538.11. The company has a current ratio of 4.14, a quick ratio of 3.28 and a debt-to-equity ratio of 23.33. The stock has a market cap of £4.19 billion, a P/E ratio of 2,274.00, a PEG ratio of -1.58 and a beta of 0.22.

Fresnillo Company Profile

(Get Free Report)

Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. It operates through seven segments: Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and Juanicipio. The company primarily explores for silver, gold, lead, and zinc concentrates. Its projects include the Fresnillo silver mine located in the state of Zacatecas; Saucito silver mine situated in the state of Zacatecas; Ciénega gold mine located in the state of Durango; Herradura gold mine situated in the state of Sonora; Noche Buena gold mine located in the state of Sonora; San Julián silver-gold mine situated on the border of Chihuahua/Durango states; and Juanicipio mine located in the state of Zacatecas.

Featured Articles

Receive News & Ratings for Fresnillo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fresnillo and related companies with MarketBeat.com's FREE daily email newsletter.