Shares of Fresnillo PLC (OTCMKTS:FNLPF – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $34.00, but opened at $31.75. Fresnillo shares last traded at $32.33, with a volume of 450 shares traded.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on FNLPF shares. Scotiabank upgraded shares of Fresnillo from a “strong sell” rating to a “hold” rating in a research report on Thursday. Citigroup reissued a “buy” rating on shares of Fresnillo in a report on Monday, April 13th. Finally, Zacks Research cut shares of Fresnillo from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. One investment analyst has rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.
Check Out Our Latest Research Report on FNLPF
Fresnillo Price 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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