Fresnillo (OTCMKTS:FNLPF) Stock Rating Upgraded by Zacks Research

Fresnillo (OTCMKTS:FNLPF) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Thursday,Zacks.com reports.

Separately, Citigroup reiterated a “buy” rating on shares of Fresnillo in a report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Fresnillo Trading Up 3.7%

Shares of FNLPF opened at $40.00 on Thursday. Fresnillo has a 12 month low of $18.31 and a 12 month high of $61.00. The stock has a fifty day moving average price of $45.43 and a 200-day moving average price of $46.25. The company has a current ratio of 4.35, a quick ratio of 3.88 and a debt-to-equity ratio of 0.17.

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.