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

Shares of Fresnillo PLC (OTCMKTS:FNLPF) have been assigned a consensus recommendation of “Hold” from the nine research firms that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company.

Several equities analysts have recently issued reports on the stock. Zacks Research upgraded shares of Fresnillo from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 22nd. Citigroup restated a “buy” rating on shares of Fresnillo in a research note on Wednesday, January 14th. Morgan Stanley reissued an “underweight” rating on shares of Fresnillo in a report on Monday, January 12th. Finally, Berenberg Bank cut Fresnillo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th.

Fresnillo Price Performance

Shares of Fresnillo stock opened at $43.54 on Friday. The company has a current ratio of 5.09, a quick ratio of 4.34 and a debt-to-equity ratio of 0.20. The company has a 50-day moving average of $51.10 and a 200 day moving average of $40.62. Fresnillo has a 1 year low of $9.99 and a 1 year 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.