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UBS Group Downgrades Fresnillo (OTCMKTS:FNLPF) to Hold

Fresnillo logo with Basic Materials background

Fresnillo (OTCMKTS:FNLPF - Get Free Report) was downgraded by investment analysts at UBS Group from a "strong-buy" rating to a "hold" rating in a research note issued on Thursday,Zacks.com reports.

FNLPF has been the subject of a number of other research reports. Peel Hunt upgraded shares of Fresnillo from a "hold" rating to a "moderate buy" rating in a research note on Friday, April 11th. Royal Bank Of Canada downgraded shares of Fresnillo from a "moderate buy" rating to a "hold" rating in a research note on Thursday, March 13th. Finally, Berenberg Bank upgraded shares of Fresnillo from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 7th. Two investment analysts have rated the stock with a hold rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Buy".

Get Our Latest Stock Report on Fresnillo

Fresnillo Trading Up 2.2%

Shares of FNLPF stock opened at $20.08 on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 5.51 and a current ratio of 6.63. The company has a 50 day moving average price of $16.37 and a 200 day moving average price of $12.24. Fresnillo has a fifty-two week low of $6.50 and a fifty-two week high of $20.85.

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.

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