Fresnillo PLC (OTCMKTS:FNLPF) Receives Average Rating of “Hold” from Analysts

Fresnillo PLC (OTCMKTS:FNLPF) has earned a consensus rating of “Hold” from the ten analysts that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, one has given a buy rating and two have given a strong buy rating to the company.

FNLPF has been the subject of several recent research reports. Scotiabank cut Fresnillo from a “hold” rating to a “strong sell” rating in a report on Thursday, October 23rd. Morgan Stanley reissued an “underweight” rating on shares of Fresnillo in a research note on Monday, January 12th. HSBC upgraded shares of Fresnillo to a “hold” rating in a report on Monday, October 13th. Zacks Research raised shares of Fresnillo from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 22nd. Finally, Hsbc Global Res upgraded shares of Fresnillo from a “moderate sell” rating to a “hold” rating in a research report on Monday, October 13th.

Fresnillo Stock Performance

Shares of FNLPF opened at $58.84 on Thursday. The stock’s fifty day simple moving average is $43.70 and its 200-day simple moving average is $32.82. Fresnillo has a 12-month low of $8.31 and a 12-month high of $61.00. The company has a quick ratio of 4.34, a current ratio of 5.09 and a debt-to-equity ratio of 0.20.

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.