Fresnillo PLC (OTCMKTS:FNLPF – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $44.5020, but opened at $42.3201. Fresnillo shares last traded at $42.3201, with a volume of 199 shares trading hands.
Analysts Set New Price Targets
A number of analysts recently issued reports on FNLPF shares. Citigroup reiterated a “buy” rating on shares of Fresnillo in a report on Monday, April 13th. Zacks Research downgraded Fresnillo from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Morgan Stanley reaffirmed an “underweight” rating on shares of Fresnillo in a research report on Monday, January 12th. Finally, Berenberg Bank downgraded Fresnillo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Fresnillo currently has an average rating of “Reduce”.
View Our Latest Stock Analysis on FNLPF
Fresnillo Stock Performance
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.
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