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

Shares of Fresnillo PLC (OTCMKTS:FNLPF) have been assigned an average rating of “Hold” from the eight ratings firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company.

FNLPF has been the subject of a number of recent analyst reports. Citigroup reiterated a “buy” rating on shares of Fresnillo in a report on Monday, April 13th. Scotiabank upgraded Fresnillo from a “strong sell” rating to a “hold” rating in a report on Thursday, July 16th. Finally, Zacks Research lowered Fresnillo from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th.

Fresnillo Price Performance

Shares of FNLPF opened at $32.84 on Thursday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.88 and a current ratio of 4.35. The stock has a fifty day moving average price of $39.26 and a 200 day moving average price of $45.72. Fresnillo has a 12 month low of $18.31 and a 12 month high of $61.00.

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.