Fresnillo plc (LON:FRES - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 599.92 ($7.60) and traded as high as GBX 660 ($8.37). Fresnillo shares last traded at GBX 660 ($8.37), with a volume of 856,401 shares trading hands.
Wall Street Analyst Weigh In
Separately, Berenberg Bank upped their price objective on Fresnillo from GBX 620 ($7.86) to GBX 720 ($9.13) and gave the stock a "hold" rating in a research report on Thursday, October 24th.
Read Our Latest Stock Report on FRES
Fresnillo Stock Up 0.8 %
The firm's 50-day moving average price is GBX 645.41 and its two-hundred day moving average price is GBX 599.92. The company has a debt-to-equity ratio of 21.66, a quick ratio of 3.28 and a current ratio of 5.88. The firm has a market cap of £4.90 billion, a PE ratio of 2,775.00, a P/E/G ratio of -1.58 and a beta of 0.15.
About Fresnillo
(
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Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. It operates through seven segments: Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and Juanicipio. The company primarily explores for silver, gold, lead, and zinc concentrates. Its projects include the Fresnillo silver mine located in the state of Zacatecas; Saucito silver mine situated in the state of Zacatecas; Ciénega gold mine located in the state of Durango; Herradura gold mine situated in the state of Sonora; Noche Buena gold mine located in the state of Sonora; San Julián silver-gold mine situated on the border of Chihuahua/Durango states; and Juanicipio mine located in the state of Zacatecas.
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