Fresnillo PLC (OTCMKTS:FNLPF) Receives Consensus Rating of “Hold” from Brokerages

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

A number of equities analysts have recently weighed in on FNLPF shares. Scotiabank cut shares of Fresnillo from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 23rd. HSBC upgraded Fresnillo to a “hold” rating in a report on Monday, October 13th. Hsbc Global Res upgraded Fresnillo from a “moderate sell” rating to a “hold” rating in a report on Monday, October 13th. Morgan Stanley reaffirmed an “underweight” rating on shares of Fresnillo in a research report on Monday, January 12th. Finally, Zacks Research upgraded Fresnillo from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd.

Fresnillo Stock Performance

Fresnillo stock opened at $58.84 on Thursday. The company’s 50 day simple moving average is $43.70 and its 200 day simple moving average is $32.82. The company has a debt-to-equity ratio of 0.20, a current ratio of 5.09 and a quick ratio of 4.34. Fresnillo has a fifty-two week low of $8.31 and a fifty-two 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.