Fresnillo PLC (OTCMKTS:FNLPF) Given Consensus Recommendation of “Hold” by Analysts

Shares of Fresnillo PLC (OTCMKTS:FNLPF) have been given an average recommendation of “Hold” by the nine analysts that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company.

FNLPF has been the subject of several recent research reports. Citigroup reaffirmed a “buy” rating on shares of Fresnillo in a research report on Wednesday, January 14th. Zacks Research raised shares of Fresnillo from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Berenberg Bank cut shares of Fresnillo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Fresnillo in a research report on Monday, January 12th.

Fresnillo Trading Up 3.1%

FNLPF stock opened at $57.30 on Monday. The company has a current ratio of 5.09, a quick ratio of 4.34 and a debt-to-equity ratio of 0.20. Fresnillo has a 1 year low of $9.16 and a 1 year high of $61.00. The stock has a 50-day simple moving average of $50.74 and a 200-day simple moving average of $37.88.

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.