Fresnillo PLC (OTCMKTS:FNLPF) Given Average Rating of “Hold” by Brokerages

Shares of Fresnillo PLC (OTCMKTS:FNLPF) have been given an average recommendation of “Hold” by the nine ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, one has given a buy rating and one has given a strong buy rating to the company.

A number of analysts recently commented on the stock. Citigroup restated a “buy” rating on shares of Fresnillo in a research note on Monday, April 13th. Zacks Research upgraded shares of Fresnillo from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 11th.

Fresnillo Price Performance

FNLPF opened at $39.19 on Friday. The company has a current ratio of 4.35, a quick ratio of 3.88 and a debt-to-equity ratio of 0.17. Fresnillo has a twelve month low of $18.31 and a twelve month high of $61.00. The company’s 50-day moving average price is $44.10 and its two-hundred day moving average price is $46.61.

Fresnillo Company Profile

Fresnillo plc is a precious metals mining company focused on the production, exploration and development of silver and gold. The company is widely recognized as a leading primary silver producer and a significant gold producer, operating in the mining sector with activities that span underground and open-pit mining, mineral processing and concentrator operations. Fresnillo’s business centers on bringing mined ore through processing to produce saleable precious metal products for industrial and investment markets.

Operationally, the company manages a portfolio of producing mines and development projects, with exploration programs intended to extend mine life and expand resource bases.