Fresnillo plc (OTCMKTS:FNLPF - Get Free Report) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,004,600 shares, an increase of 2,338.3% from the March 31st total of 41,200 shares. Based on an average daily volume of 19,400 shares, the short-interest ratio is presently 51.8 days. Currently, 0.1% of the shares of the stock are sold short.
Analyst Upgrades and Downgrades
FNLPF has been the topic of a number of research analyst reports. Peel Hunt raised shares of Fresnillo from a "hold" rating to a "moderate buy" rating in a research note on Friday, April 11th. Royal Bank of Canada lowered shares of Fresnillo from a "moderate buy" rating to a "hold" rating in a research note on Thursday, March 13th. Finally, Berenberg Bank raised Fresnillo from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 7th.
Check Out Our Latest Stock Report on Fresnillo
Fresnillo Price Performance
FNLPF stock traded down $0.14 during trading on Thursday, reaching $13.34. 3,887 shares of the stock were exchanged, compared to its average volume of 12,449. The business has a 50 day moving average price of $11.84 and a 200-day moving average price of $9.79. Fresnillo has a 1 year low of $6.50 and a 1 year high of $14.45. The company has a debt-to-equity ratio of 0.20, a current ratio of 5.88 and a quick ratio of 4.20.
About Fresnillo
(
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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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