Fresnillo plc (LON:FRES - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 617.56 ($7.56) and traded as high as GBX 670.27 ($8.20). Fresnillo shares last traded at GBX 666 ($8.15), with a volume of 1,485,929 shares changing hands.
Wall Street Analysts Forecast Growth
FRES has been the topic of several recent analyst reports. JPMorgan Chase & Co. reissued an "overweight" rating on shares of Fresnillo in a research note on Friday, November 22nd. Berenberg Bank increased their price target on Fresnillo from GBX 620 ($7.59) to GBX 720 ($8.81) and gave the stock a "hold" rating in a research note on Thursday, October 24th.
Get Our Latest Analysis on FRES
Fresnillo Stock Performance
The company's fifty day moving average price is GBX 654.10 and its two-hundred day moving average price is GBX 618.41. 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 capitalization of £5.01 billion, a PE ratio of 2,835.42, a price-to-earnings-growth ratio of -1.58 and a beta of 0.15.
About Fresnillo
(
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Fresnillo plc is the world's largest silver producer and Mexico's largest gold producer, listed on the London and Mexican stock exchanges.
The Group seeks to create value for stakeholders across precious metal cycles, focusing on high-potential silver and gold projects that can be developed into low cost, world-class mines.
Following a decade of consistent and successful progress, the Group is now focused on consolidating its growth and advancing its pipeline in order to deliver further growth in the years ahead.
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