Fresnillo PLC (OTCMKTS:FNLPF) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Fresnillo PLC has an average rating of "Moderate Buy" from analysts, with three ratings as hold, one as buy, and two as strong buy.
• UBS Group downgraded Fresnillo from a "strong-buy" to a "hold" rating, while Zacks Research upgraded it to a "strong-buy".
• Fresnillo's stock price recently reached $31.50, up from a 12-month low of $7.65, reflecting significant growth in value.

Shares of Fresnillo PLC (OTCMKTS:FNLPF - Get Free Report) have been given an average recommendation of "Moderate Buy" by the six analysts that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and two have assigned a strong buy recommendation to the company.

Several analysts recently commented on FNLPF shares. UBS Group cut Fresnillo from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 3rd. Zacks Research raised shares of Fresnillo from a "hold" rating to a "strong-buy" rating in a research note on Friday, September 19th. Royal Bank Of Canada reissued a "sector perform" rating on shares of Fresnillo in a research note on Monday, August 11th. Peel Hunt lowered shares of Fresnillo from a "moderate buy" rating to a "hold" rating in a report on Tuesday, August 19th. Finally, Citigroup reiterated a "buy" rating on shares of Fresnillo in a report on Friday.

Fresnillo Stock Performance

Shares of OTCMKTS FNLPF traded up $0.44 during trading on Friday, reaching $31.50. The company had a trading volume of 26,868 shares, compared to its average volume of 11,668. The company's fifty day moving average price is $24.50 and its 200-day moving average price is $18.48. The company has a current ratio of 5.09, a quick ratio of 5.51 and a debt-to-equity ratio of 0.20. Fresnillo has a 12 month low of $7.65 and a 12 month high of $33.00.

Fresnillo Company Profile

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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