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

Fresnillo PLC (OTCMKTS:FNLPF) has earned a consensus recommendation of “Hold” from the eight analysts that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company.

FNLPF has been the topic of a number of research analyst reports. Zacks Research raised Fresnillo from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 11th. Citigroup restated a “buy” rating on shares of Fresnillo in a research report on Monday, April 13th.

Fresnillo Trading Up 2.7%

Shares of FNLPF opened at $38.25 on Friday. Fresnillo has a 12 month low of $18.31 and a 12 month high of $61.00. The stock’s 50-day moving average is $43.17 and its two-hundred day moving average is $46.68. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.88 and a current ratio of 4.35.

About Fresnillo

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.