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

Shares of Fresnillo PLC (OTCMKTS:FNLPF) have been assigned a consensus rating of “Hold” from the eight ratings firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company.

FNLPF has been the subject of several recent analyst reports. Zacks Research cut shares of Fresnillo from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. Scotiabank upgraded Fresnillo from a “strong sell” rating to a “hold” rating in a report on Thursday, July 16th. Finally, Citigroup reaffirmed a “buy” rating on shares of Fresnillo in a research report on Monday, April 13th.

Fresnillo Stock Performance

FNLPF stock opened at $33.20 on Thursday. The stock’s 50 day moving average price is $38.61 and its 200 day moving average price is $45.41. The company has a quick ratio of 3.88, a current ratio of 4.35 and a debt-to-equity ratio of 0.17. Fresnillo has a 1 year low of $18.34 and a 1 year high of $61.00.

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.