Fresnillo PLC (OTCMKTS:FNLPF) Given Average Rating of “Hold” by Brokerages

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

Several equities research analysts have recently issued reports on FNLPF shares. Citigroup reaffirmed a “buy” rating on shares of Fresnillo in a research note on Wednesday, January 14th. Morgan Stanley restated an “underweight” rating on shares of Fresnillo in a research report on Monday, January 12th. Zacks Research upgraded shares of Fresnillo from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. Finally, Berenberg Bank downgraded shares of Fresnillo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th.

Fresnillo Price Performance

Shares of OTCMKTS FNLPF opened at $52.93 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.34 and a current ratio of 5.09. Fresnillo has a 12-month low of $9.13 and a 12-month high of $61.00. The firm’s 50-day moving average price is $49.21 and its 200-day moving average price is $36.74.

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.