Fresnillo PLC (OTCMKTS:FNLPF) Given Consensus Recommendation of “Reduce” by Analysts

Shares of Fresnillo PLC (OTCMKTS:FNLPF) have been assigned a consensus rating of “Reduce” from the eight brokerages that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company.

Several research firms recently commented on FNLPF. Zacks Research downgraded Fresnillo from a “hold” rating to a “strong sell” rating in a report on Monday, August 10th. Barclays cut shares of Fresnillo from an “equal weight” rating to a “strong sell” rating in a research note on Thursday, September 3rd. Jefferies Financial Group assumed coverage on shares of Fresnillo in a research note on Monday, August 3rd. They issued a “hold” rating for the company. Finally, Scotiabank raised shares of Fresnillo from a “strong sell” rating to a “hold” rating in a report on Thursday, July 16th.

Fresnillo Trading Down 3.3%

FNLPF stock opened at $40.05 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.88 and a current ratio of 4.35. Fresnillo has a 1-year low of $27.05 and a 1-year high of $61.00. The business has a fifty day moving average price of $38.21 and a 200-day moving average price of $42.80.

About Fresnillo

Fresnillo plc is a precious-metals mining company focused on the exploration, development and operation of mines in Mexico. The company primarily produces silver and gold, with lead and zinc recovered as byproducts from certain operations. Its activities include geological exploration, mine development, ore processing and the sale of refined and payable metals.

Fresnillo’s operating portfolio includes the Fresnillo, Saucito, Ciénega, Herradura and San Julián mines, as well as the Juanicipio mine, which it operates in partnership with MAG Silver.