Fresnillo (FNLPF) Downgraded by ValuEngine
ValuEngine lowered shares of Fresnillo (OTCMKTS:FNLPF) from a sell rating to a strong sell rating in a research note released on Wednesday morning.
Separately, Zacks Investment Research upgraded Fresnillo from a sell rating to a hold rating in a report on Wednesday, May 2nd. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of Hold.
Fresnillo stock opened at $11.83 on Wednesday. The company has a market cap of $9.54 billion, a price-to-earnings ratio of 18.20 and a beta of 0.25. Fresnillo has a 52-week low of $11.21 and a 52-week high of $22.04. The company has a current ratio of 8.66, a quick ratio of 7.62 and a debt-to-equity ratio of 0.26.
Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. It primarily explores for silver, gold, lead, and zinc concentrates. The company's operating mines include the Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, and San Julián; development projects comprise the Pyrites Plant, and second line of the DLP at Herradura; and advanced exploration projects consist of the Orisyvo, Juanicipio, Las Casas Rosario and Cluster Cebollitas, and Centauro Deep, as well as various other long term exploration prospects.
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