Fresnillo (FNLPF) Upgraded at Citigroup
Fresnillo (OTCMKTS:FNLPF) was upgraded by analysts at Citigroup from a “sell” rating to a “neutral” rating in a research report issued on Tuesday.
Separately, HSBC raised Fresnillo from a “hold” rating to a “buy” rating in a research report on Wednesday, November 15th.
Shares of Fresnillo (FNLPF) traded down $0.60 during midday trading on Tuesday, reaching $16.90. The company’s stock had a trading volume of 2,549 shares, compared to its average volume of 800. 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 has a 52 week low of $13.18 and a 52 week 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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