Fresnillo PLC (FNLPF) Stock Rating Upgraded by HSBC Securities
Fresnillo PLC (OTCMKTS:FNLPF) was upgraded by HSBC Securities from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.
Shares of Fresnillo PLC (FNLPF) traded up $0.10 during midday trading on Wednesday, reaching $17.02. The company’s stock had a trading volume of 265 shares, compared to its average volume of 941. The company has a current ratio of 11.89, a quick ratio of 10.48 and a debt-to-equity ratio of 0.28. Fresnillo PLC has a 12 month low of $13.18 and a 12 month high of $22.27.
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Fresnillo plc mines, develops, and produces non-ferrous minerals primarily in Mexico. It primarily explores for silver, gold, lead, and zinc ores. The company's primary operating mines include Fresnillo, Saucito, Ciénega, Herradura, Soledad-Dipolos, Noche Buena, and San Julián; development projects comprise San Julián, Pyrites Plant, and second line of DLP at Herradura; and advanced exploration projects consist of Orisyvo, Juanicipio, Las Casas Rosario and Cluster Cebollitas, and Centauro Deep, as well as various other long term exploration prospects.
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