Shares of Fresnillo PLC (OTCMKTS:FNLPF – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $33.01, but opened at $34.85. Fresnillo shares last traded at $35.65, with a volume of 1,167 shares.
Analyst Ratings Changes
Several analysts have recently weighed in on the stock. Scotiabank upgraded shares of Fresnillo from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 16th. Citigroup reaffirmed a “buy” rating on shares of Fresnillo in a research note on Monday, April 13th. Finally, Zacks Research cut Fresnillo from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.
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Fresnillo Trading Up 3.8%
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.
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