Fresnillo (FNLPF) Expected to Announce Earnings on Tuesday

Fresnillo (OTCMKTS:FNLPF) is expected to post its results before the market opens on Tuesday, March 3rd. Analysts expect Fresnillo to post earnings of $0.8650 per share for the quarter.

Fresnillo Stock Performance

FNLPF stock opened at $57.30 on Friday. Fresnillo has a one year low of $9.16 and a one year high of $61.00. The firm’s 50 day moving average price is $50.74 and its 200-day moving average price is $37.78. The company has a quick ratio of 4.34, a current ratio of 5.09 and a debt-to-equity ratio of 0.20.

Analysts Set New Price Targets

A number of research firms have commented on FNLPF. Citigroup restated a “buy” rating on shares of Fresnillo in a research report on Wednesday, January 14th. Zacks Research raised Fresnillo from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. Berenberg Bank cut shares of Fresnillo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Fresnillo in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

About Fresnillo

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.