Fresnillo PLC (OTCMKTS:FNLPF) Given Average Recommendation of “Hold” by Brokerages

Shares of Fresnillo PLC (OTCMKTS:FNLPF) have earned a consensus rating of “Hold” from the eight research firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating on the company.

Several research firms have recently issued reports on FNLPF. Citigroup reiterated a “buy” rating on shares of Fresnillo in a report on Monday, April 13th. Zacks Research cut Fresnillo from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. Finally, Scotiabank raised Fresnillo from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 16th.

Fresnillo Stock Performance

Shares of FNLPF opened at $33.80 on Thursday. The firm has a 50-day moving average price of $39.02 and a 200 day moving average price of $45.60. The company has a current ratio of 4.35, a quick ratio of 3.88 and a debt-to-equity ratio of 0.17. Fresnillo has a 52-week low of $18.31 and a 52-week high of $61.00.

About Fresnillo

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.