Shares of Fresnillo plc (LON:FRES – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 1,457 ($19.74) and last traded at GBX 1,436 ($19.46), with a volume of 6760843 shares trading hands. The stock had previously closed at GBX 1,432.79 ($19.41).
Analyst Ratings Changes
Several brokerages have commented on FRES. Royal Bank of Canada restated a “sector perform” rating and set a GBX 880 ($11.92) price objective on shares of Fresnillo in a research report on Thursday, March 13th. Berenberg Bank boosted their price objective on shares of Fresnillo from GBX 1,310 ($17.75) to GBX 1,320 ($17.88) and gave the company a “buy” rating in a research report on Wednesday, April 23rd. Finally, Canaccord Genuity Group boosted their price objective on shares of Fresnillo from GBX 805 ($10.91) to GBX 980 ($13.28) and gave the company a “hold” rating in a research report on Thursday, April 24th.
View Our Latest Report on FRES
Fresnillo Stock Up 0.3%
About Fresnillo
Fresnillo plc is the world’s largest silver producer and Mexico’s largest gold producer, listed on the London and Mexican stock exchanges.
The Group seeks to create value for stakeholders across precious metal cycles, focusing on high-potential silver and gold projects that can be developed into low cost, world-class mines.
Following a decade of consistent and successful progress, the Group is now focused on consolidating its growth and advancing its pipeline in order to deliver further growth in the years ahead.
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