Fresnillo (OTCMKTS:FNLPF) Upgraded at Zacks Research

Zacks Research upgraded shares of Fresnillo (OTCMKTS:FNLPF) from a strong sell rating to a hold rating in a report published on Monday,Zacks reports.

Other analysts have also recently issued reports about the stock. Jefferies Financial Group began coverage on shares of Fresnillo in a report on Monday, August 3rd. They set a “hold” rating for the company. Barclays cut Fresnillo from an “equal weight” rating to a “strong sell” rating in a report on Thursday, September 3rd. Finally, Scotiabank raised Fresnillo from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 16th. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce”.

Fresnillo Trading Down 3.0%

OTCMKTS:FNLPF opened at $35.26 on Monday. The company has a 50-day moving average of $39.54 and a 200-day moving average of $41.19. The company has a debt-to-equity ratio of 0.15, a quick ratio of 5.59 and a current ratio of 6.35. Fresnillo has a twelve month low of $27.05 and a twelve month high of $61.00.

Fresnillo Company Profile

Fresnillo plc (OTCMKTS:FNLPF) is a Mexico-based precious metals mining company focused on the exploration, development and production of silver and gold. The company is one of the world’s significant primary silver producers and also produces gold, lead and zinc as by-products of its mining operations.

Fresnillo operates a portfolio of mines and processing facilities in Mexico, including the Fresnillo, Saucito, Ciénega, Herradura, San Julián and Noche Buena mines. It also holds a majority interest in the Juanicipio silver-gold mine, which is operated in partnership with MAG Silver.