Fresnillo (FNLPF) Projected to Post Quarterly Earnings on Tuesday

Fresnillo (OTCMKTS:FNLPF) is projected to post its results before the market opens on Tuesday, March 3rd. Analysts expect Fresnillo to post earnings of $0.8650 per share for the quarter.

Fresnillo Stock Up 0.9%

FNLPF opened at $53.40 on Tuesday. The business has a 50 day moving average price of $49.52 and a 200 day moving average price of $36.95. Fresnillo has a twelve month low of $9.13 and a twelve month high of $61.00. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.34 and a current ratio of 5.09.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Citigroup reissued a “buy” rating on shares of Fresnillo in a research report on Wednesday, January 14th. Zacks Research upgraded shares of Fresnillo from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 22nd. Berenberg Bank lowered shares of Fresnillo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Finally, Morgan Stanley restated an “underweight” rating on shares of Fresnillo in a report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Fresnillo currently has a consensus rating of “Hold”.

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.