Fresnillo (OTCMKTS:FNLPF) Cut to “Hold” at Peel Hunt

Peel Hunt cut shares of Fresnillo (OTCMKTS:FNLPF) from a moderate buy rating to a hold rating in a report issued on Tuesday morning,Zacks.com reports.

FNLPF has been the topic of a number of other reports. UBS Group downgraded Fresnillo from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 3rd. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Fresnillo in a research report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Fresnillo currently has a consensus rating of “Moderate Buy”.

Fresnillo Stock Down 0.5%

Shares of OTCMKTS:FNLPF opened at $22.5350 on Tuesday. The company has a quick ratio of 5.51, a current ratio of 6.63 and a debt-to-equity ratio of 0.20. Fresnillo has a 1 year low of $6.57 and a 1 year high of $23.70. The stock’s fifty day moving average price is $20.42 and its 200-day moving average price is $15.34.

Fresnillo Company Profile

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.