BMO Capital Markets cut shares of Fresnillo (OTCMKTS:FNLPF) from an outperform rating to a market perform rating in a report released on Monday morning, Briefing.com Automated Import reports.
FNLPF has been the topic of a number of other reports. Morgan Stanley upgraded shares of Fresnillo from an underweight rating to a hold rating in a research note on Tuesday, March 26th. Zacks Investment Research upgraded shares of Fresnillo from a sell rating to a hold rating in a research note on Monday, March 18th. UBS Group upgraded shares of Fresnillo from a neutral rating to a buy rating in a research note on Friday, January 25th. Finally, Macquarie reissued an underperform rating on shares of Fresnillo in a research report on Friday, March 1st. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of Hold.
OTCMKTS FNLPF opened at $9.95 on Monday. Fresnillo has a 52-week low of $9.35 and a 52-week high of $18.24.
Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. It primarily explores for silver, gold, lead, and zinc concentrates. The company's operating mines include the Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, and San Julián; development projects comprise the Pyrites Plant, and second line of the DLP at Herradura; and advanced exploration projects consist of the Orisyvo, Juanicipio, Las Casas Rosario and Cluster Cebollitas, and Centauro Deep, as well as various other long term exploration prospects.
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