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

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

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

Fresnillo Stock Down 5.9%

Shares of FNLPF stock opened at $42.08 on Friday. Fresnillo has a 1 year low of $9.99 and a 1 year high of $61.00. The stock’s 50 day simple moving average is $50.82 and its two-hundred day simple moving average is $40.66. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.34 and a current ratio of 5.09.

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.