Fresnillo PLC (OTCMKTS:FNLPF) Receives Average Rating of "Hold" from Brokerages

Key Points

• Fresnillo PLC has received an average rating of "Hold" from nine brokerages, with ratings ranging from sell to strong buy.
• Citigroup reaffirmed a buy rating, while HSBC and UBS recently adjusted their ratings to hold.
• The company's stock opened at $32.20 and has shown a considerable price range over the past year, with a low of $7.65 and a high of $35.97.

Shares of Fresnillo PLC (OTCMKTS:FNLPF - Get Free Report) have received an average recommendation of "Hold" from the nine ratings firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, one has given a buy rating and two have issued a strong buy rating on the company.

FNLPF has been the topic of several research reports. Citigroup reaffirmed a "buy" rating on shares of Fresnillo in a research report on Friday, September 26th. Hsbc Global Res raised Fresnillo from a "moderate sell" rating to a "hold" rating in a research report on Monday, October 13th. Peel Hunt lowered Fresnillo from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, August 19th. HSBC raised Fresnillo to a "hold" rating in a research report on Monday, October 13th. Finally, UBS Group lowered Fresnillo from a "strong-buy" rating to a "hold" rating in a research report on Thursday, July 3rd.

Fresnillo Trading Up 0.9%

Shares of FNLPF stock opened at $32.20 on Tuesday. The company has a quick ratio of 4.34, a current ratio of 5.09 and a debt-to-equity ratio of 0.20. Fresnillo has a one year low of $7.65 and a one year high of $35.97. The company has a 50 day moving average price of $28.71 and a 200 day moving average price of $21.02.

About Fresnillo

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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