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Fresnillo (OTCMKTS:FNLPF) Trading Down 4.9% - What's Next?

Fresnillo logo with Basic Materials background

Fresnillo PLC (OTCMKTS:FNLPF - Get Free Report)'s share price was down 4.9% during trading on Tuesday . The company traded as low as $19.66 and last traded at $19.66. Approximately 928 shares traded hands during trading, a decline of 92% from the average daily volume of 11,796 shares. The stock had previously closed at $20.68.

Analysts Set New Price Targets

Several research firms recently weighed in on FNLPF. UBS Group cut shares of Fresnillo from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 3rd. Peel Hunt upgraded shares of Fresnillo from a "hold" rating to a "moderate buy" rating in a research report on Friday, April 11th. Two research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Fresnillo currently has an average rating of "Buy".

Read Our Latest Analysis on Fresnillo

Fresnillo Trading Down 0.7%

The company has a 50-day simple moving average of $17.66 and a two-hundred day simple moving average of $13.07. The company has a current ratio of 6.63, a quick ratio of 5.51 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.

Further Reading

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