Free Trial

Fresnillo (LON:FRES) Hits New 1-Year High - Here's What Happened

Fresnillo logo with Basic Materials background

Fresnillo plc (LON:FRES - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 1,467 ($20.13) and last traded at GBX 1,467 ($20.13), with a volume of 3182395 shares. The stock had previously closed at GBX 1,439 ($19.74).

Analyst Ratings Changes

A number of research firms have recently commented on FRES. Berenberg Bank increased their price objective on shares of Fresnillo from GBX 1,310 ($17.97) to GBX 1,320 ($18.11) and gave the stock a "buy" rating in a research note on Wednesday, April 23rd. Canaccord Genuity Group increased their price objective on shares of Fresnillo from GBX 805 ($11.04) to GBX 980 ($13.44) and gave the stock a "hold" rating in a research note on Thursday, April 24th. Finally, Royal Bank Of Canada restated a "sector perform" rating and set a GBX 880 ($12.07) price objective on shares of Fresnillo in a research note on Thursday, March 13th.

Check Out Our Latest Analysis on FRES

Fresnillo Stock Performance

The stock's 50 day moving average price is GBX 1,180.07 and its 200 day moving average price is GBX 921.79. The company has a current ratio of 5.88, a quick ratio of 3.28 and a debt-to-equity ratio of 23.55. The company has a market capitalization of £13.24 billion, a price-to-earnings ratio of 53.41, a P/E/G ratio of -1.58 and a beta of 0.15.

Fresnillo Company Profile

(Get Free Report)

Fresnillo plc is the world's largest silver producer and Mexico's largest gold producer, listed on the London and Mexican stock exchanges. The Group seeks to create value for stakeholders across precious metal cycles, focusing on high-potential silver and gold projects that can be developed into low cost, world-class mines. Following a decade of consistent and successful progress, the Group is now focused on consolidating its growth and advancing its pipeline in order to deliver further growth in the years ahead.

See Also

Should You Invest $1,000 in Fresnillo Right Now?

Before you consider Fresnillo, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fresnillo wasn't on the list.

While Fresnillo currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Elon Musk's Next Move Cover

Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Joby vs. Archer: The $10 Billion eVTOL Battle
3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore
AI Stocks Are Printing Money — These 3 Are Just Getting Started

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines