Fresnillo PLC (OTCMKTS:FNLPF) Receives Average Rating of “Hold” from Brokerages

Fresnillo PLC (OTCMKTS:FNLPF) has received a consensus recommendation of “Hold” from the eight research firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company.

Several analysts recently commented on the stock. Scotiabank upgraded shares of Fresnillo from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 16th. Citigroup reiterated a “buy” rating on shares of Fresnillo in a research report on Monday, April 13th. Finally, Zacks Research lowered shares of Fresnillo from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th.

Fresnillo Price Performance

OTCMKTS:FNLPF opened at $35.45 on Thursday. The company has a quick ratio of 3.88, a current ratio of 4.35 and a debt-to-equity ratio of 0.17. The company has a 50 day moving average price of $39.83 and a 200-day moving average price of $45.90. Fresnillo has a 1-year low of $18.31 and a 1-year high of $61.00.

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.