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Fresnillo (OTCMKTS:FNLPF) Reaches New 12-Month High - Time to Buy?

Fresnillo logo with Basic Materials background

Fresnillo PLC (OTCMKTS:FNLPF - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $20.43 and last traded at $20.32, with a volume of 9199 shares changing hands. The stock had previously closed at $19.37.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Royal Bank Of Canada cut Fresnillo from a "moderate buy" rating to a "hold" rating in a report on Thursday, March 13th. Peel Hunt upgraded Fresnillo from a "hold" rating to a "moderate buy" rating in a research note on Friday, April 11th. Finally, Berenberg Bank raised Fresnillo from a "hold" rating to a "strong-buy" rating in a report on Friday, March 7th.

Read Our Latest Report on Fresnillo

Fresnillo Price Performance

The company has a current ratio of 6.63, a quick ratio of 5.51 and a debt-to-equity ratio of 0.20. The company has a fifty day simple moving average of $15.61 and a two-hundred day simple moving average of $11.79.

About Fresnillo

(Get Free Report)

Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. It operates through seven segments: Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and Juanicipio. The company primarily explores for silver, gold, lead, and zinc concentrates. Its projects include the Fresnillo silver mine located in the state of Zacatecas; Saucito silver mine situated in the state of Zacatecas; Ciénega gold mine located in the state of Durango; Herradura gold mine situated in the state of Sonora; Noche Buena gold mine located in the state of Sonora; San Julián silver-gold mine situated on the border of Chihuahua/Durango states; and Juanicipio mine located in the state of Zacatecas.

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