Free Trial

Fresnillo (OTCMKTS:FNLPF) Sets New 52-Week High - Time to Buy?

Fresnillo logo with Basic Materials background

Shares of Fresnillo plc (OTCMKTS:FNLPF - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $15.64 and last traded at $15.35, with a volume of 9989 shares changing hands. The stock had previously closed at $15.31.

Wall Street Analysts Forecast Growth

A number of analysts have commented on FNLPF shares. Berenberg Bank raised shares of Fresnillo from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 7th. Peel Hunt raised shares of Fresnillo from a "hold" rating to a "moderate buy" rating in a research report on Friday, April 11th. Finally, Royal Bank of Canada lowered shares of Fresnillo from a "moderate buy" rating to a "hold" rating in a research report on Thursday, March 13th.

Read Our Latest Stock Analysis on FNLPF

Fresnillo Stock Up 2.0%

The business's 50-day moving average price is $13.03 and its 200-day moving average price is $10.37. The company has a quick ratio of 4.20, a current ratio of 5.88 and a debt-to-equity ratio of 0.20.

Fresnillo Company Profile

(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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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 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

NVIDIA’s Secret Picks? 3 Stocks Rising With the AI Giant
NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines