Fresnillo plc (LON:FRES - Get Free Report)'s stock price dropped 2.1% on Friday . The stock traded as low as GBX 664.50 ($8.39) and last traded at GBX 665.50 ($8.40). Approximately 636,991 shares changed hands during trading, a decline of 54% from the average daily volume of 1,397,378 shares. The stock had previously closed at GBX 679.50 ($8.58).
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on the stock. Berenberg Bank lifted their price target on shares of Fresnillo from GBX 620 ($7.83) to GBX 720 ($9.09) and gave the company a "hold" rating in a research note on Thursday, October 24th. JPMorgan Chase & Co. reissued an "overweight" rating on shares of Fresnillo in a research report on Friday, November 22nd.
Check Out Our Latest Analysis on FRES
Fresnillo Stock Performance
The company has a quick ratio of 3.28, a current ratio of 5.88 and a debt-to-equity ratio of 21.66. The company has a market cap of £4.90 billion, a P/E ratio of 2,772.92, a price-to-earnings-growth ratio of -1.58 and a beta of 0.15. The stock has a 50 day moving average price of GBX 678.23 and a two-hundred day moving average price of GBX 610.16.
Fresnillo Company Profile
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Fresnillo, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fresnillo wasn't on the list.
While Fresnillo currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
