Fresnillo (FNLPF) Expected to Announce Earnings on Tuesday

Fresnillo (OTCMKTS:FNLPF) is expected to be issuing its results before the market opens on Tuesday, March 3rd. Analysts expect the company to announce earnings of $0.8650 per share for the quarter.

Fresnillo Stock Up 3.1%

Shares of FNLPF stock opened at $57.30 on Monday. The firm’s 50 day moving average is $50.74 and its 200 day moving average is $37.88. Fresnillo has a 12 month low of $9.16 and a 12 month high of $61.00. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.34 and a current ratio of 5.09.

Analyst Ratings Changes

A number of equities analysts have recently commented on FNLPF shares. Zacks Research raised Fresnillo from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 22nd. Morgan Stanley reissued an “underweight” rating on shares of Fresnillo in a report on Monday, January 12th. Citigroup reaffirmed a “buy” rating on shares of Fresnillo in a report on Wednesday, January 14th. Finally, Berenberg Bank cut Fresnillo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Fresnillo has an average rating of “Hold”.

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.