Fresnillo PLC (OTCMKTS:FNLPF) Given Average Recommendation of “Hold” by Brokerages

Shares of Fresnillo PLC (OTCMKTS:FNLPF) have received a consensus recommendation of “Hold” from the nine research firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, one has given a buy rating and one has issued a strong buy rating on the company.

A number of equities research analysts have recently weighed in on FNLPF shares. Citigroup reissued a “buy” rating on shares of Fresnillo in a report on Wednesday, January 14th. Zacks Research raised Fresnillo from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. Morgan Stanley reiterated an “underweight” rating on shares of Fresnillo in a research note on Monday, January 12th. Finally, Berenberg Bank cut Fresnillo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th.

Fresnillo Trading Up 3.1%

OTCMKTS:FNLPF opened at $57.30 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 5.09 and a quick ratio of 4.34. Fresnillo has a twelve month low of $9.16 and a twelve month high of $61.00. The company’s 50 day moving average is $50.74 and its two-hundred day moving average is $37.68.

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.