ValuEngine Upgrades Fresnillo (OTCMKTS:FNLPF) to Buy

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ValuEngine upgraded shares of Fresnillo (OTCMKTS:FNLPF) from a hold rating to a buy rating in a research report released on Tuesday, ValuEngine reports.

Other analysts also recently issued reports about the company. Macquarie raised Fresnillo from an underperform rating to an outperform rating and set a $9.00 price target for the company in a research report on Friday, September 13th. Zacks Investment Research raised Fresnillo from a hold rating to a buy rating and set a $9.00 price objective on the stock in a research report on Monday, October 21st. Finally, Goldman Sachs Group lowered Fresnillo from a neutral rating to a sell rating in a research report on Thursday, November 14th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. Fresnillo currently has a consensus rating of Hold and an average target price of $9.00.

Fresnillo stock opened at $7.29 on Tuesday. Fresnillo has a 52 week low of $6.89 and a 52 week high of $13.76. The company’s 50 day moving average price is $8.21 and its two-hundred day moving average price is $9.08. The stock has a market cap of $5.37 billion, a P/E ratio of 15.85 and a beta of -0.02.

Fresnillo Company Profile

Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. It primarily explores for silver, gold, lead, and zinc concentrates. The company's operating mines include the Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, and San Julián; development projects comprise the Pyrites Plant, and second line of the DLP at Herradura; and advanced exploration projects consist of the Orisyvo, Juanicipio, Las Casas Rosario and Cluster Cebollitas, and Centauro Deep, as well as various other long term exploration prospects.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Fresnillo (OTCMKTS:FNLPF)

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