Fresnillo (OTCMKTS:FNLPF) Stock Rating Upgraded by Zacks Research

Fresnillo (OTCMKTS:FNLPF – Get Free Report) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Thursday,Zacks.com reports.

Separately, Citigroup restated a “buy” rating on shares of Fresnillo in a research note on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold”.

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Fresnillo Stock Performance

Shares of FNLPF stock opened at $40.00 on Thursday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.88 and a current ratio of 4.35. The business has a fifty day moving average of $45.43 and a 200 day moving average of $46.25. Fresnillo has a 1 year low of $18.31 and a 1 year high of $61.00.

Fresnillo Company Profile

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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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