Fresnillo Plc (OTCMKTS:FNLPF) Given Consensus Rating of “Hold” by Analysts
Shares of Fresnillo Plc (OTCMKTS:FNLPF) have been given a consensus recommendation of “Hold” by the six brokerages that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company.
Several equities research analysts have weighed in on the stock. Macquarie restated an “underperform” rating on shares of Fresnillo in a research report on Friday, March 1st. Zacks Investment Research upgraded shares of Fresnillo from a “sell” rating to a “hold” rating in a research report on Thursday, March 7th. Morgan Stanley upgraded shares of Fresnillo from an “underweight” rating to a “hold” rating in a research report on Tuesday, March 26th. BMO Capital Markets cut shares of Fresnillo from an “outperform” rating to a “market perform” rating in a research report on Monday, April 22nd. Finally, ValuEngine cut shares of Fresnillo from a “hold” rating to a “sell” rating in a research report on Wednesday, April 24th.
FNLPF stock traded down $0.09 during trading on Tuesday, hitting $10.40. 1,147 shares of the stock traded hands, compared to its average volume of 3,940. Fresnillo has a one year low of $9.23 and a one year high of $15.46.
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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