Fresnillo PLC (OTCMKTS:FNLPF) Receives Average Recommendation of “Hold” from Analysts

Fresnillo PLC (OTCMKTS:FNLPF) has earned a consensus rating of “Hold” from the nine ratings firms that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the company.

A number of brokerages have recently issued reports on FNLPF. Berenberg Bank lowered shares of Fresnillo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Zacks Research raised shares of Fresnillo from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. Citigroup reaffirmed a “buy” rating on shares of Fresnillo in a research report on Wednesday, January 14th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Fresnillo in a research note on Monday, January 12th.

Fresnillo Trading Up 1.7%

Shares of Fresnillo stock opened at $52.93 on Monday. The company has a quick ratio of 4.34, a current ratio of 5.09 and a debt-to-equity ratio of 0.20. The stock’s fifty day moving average is $49.21 and its two-hundred day moving average is $36.74. Fresnillo has a 52 week low of $9.13 and a 52 week high of $61.00.

Fresnillo Company Profile

Fresnillo plc is a precious metals mining company focused on the production, exploration and development of silver and gold. The company is widely recognized as a leading primary silver producer and a significant gold producer, operating in the mining sector with activities that span underground and open-pit mining, mineral processing and concentrator operations. Fresnillo’s business centers on bringing mined ore through processing to produce saleable precious metal products for industrial and investment markets.

Operationally, the company manages a portfolio of producing mines and development projects, with exploration programs intended to extend mine life and expand resource bases.