Fresnillo PLC (OTCMKTS:FNLPF) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Fresnillo PLC (OTCMKTS:FNLPF) have been assigned a consensus rating of “Hold” from the ten research firms that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, six have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company.

Several research analysts have recently commented on the company. Scotiabank lowered Fresnillo from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 23rd. Hsbc Global Res upgraded Fresnillo from a “moderate sell” rating to a “hold” rating in a report on Monday, October 13th. Zacks Research lowered shares of Fresnillo from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 23rd. Morgan Stanley reissued an “underweight” rating on shares of Fresnillo in a research report on Tuesday, December 16th. Finally, HSBC upgraded shares of Fresnillo to a “hold” rating in a report on Monday, October 13th.

Fresnillo Trading Up 1.9%

OTCMKTS:FNLPF opened at $45.55 on Friday. Fresnillo has a fifty-two week low of $7.65 and a fifty-two week high of $48.50. The company has a quick ratio of 4.34, a current ratio of 5.09 and a debt-to-equity ratio of 0.20. The company has a 50 day moving average price of $35.69 and a 200 day moving average price of $28.77.

Fresnillo Company Profile

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.