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Fresnillo (OTCMKTS:FNLPF) Reaches New 12-Month High - Here's Why

Fresnillo logo with Basic Materials background

Fresnillo PLC (OTCMKTS:FNLPF - Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $20.94 and last traded at $20.70, with a volume of 6625 shares. The stock had previously closed at $20.21.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. UBS Group lowered shares of Fresnillo from a "strong-buy" rating to a "hold" rating in a research report on Thursday, July 3rd. Peel Hunt raised shares of Fresnillo from a "hold" rating to a "moderate buy" rating in a research note on Friday, April 11th. Two analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy".

Read Our Latest Stock Report on FNLPF

Fresnillo Stock Down 5.2%

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 firm's fifty day moving average is $17.30 and its 200 day moving average is $12.88.

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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