Fresnillo plc (LON:FRES - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 628.70 ($7.85) and traded as high as GBX 711 ($8.87). Fresnillo shares last traded at GBX 696 ($8.69), with a volume of 2,139,681 shares traded.
Wall Street Analysts Forecast Growth
Several analysts have commented on FRES shares. JPMorgan Chase & Co. restated an "overweight" rating on shares of Fresnillo in a report on Friday, November 22nd. Berenberg Bank increased their price target on shares of Fresnillo from GBX 620 ($7.74) to GBX 720 ($8.99) and gave the stock a "hold" rating in a research note on Thursday, October 24th.
Check Out Our Latest Analysis on FRES
Fresnillo Trading Up 0.6 %
The company has a market capitalization of £5.26 billion, a PE ratio of 2,972.92, a P/E/G ratio of -1.58 and a beta of 0.15. 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 business has a fifty day moving average price of GBX 660.13 and a 200 day moving average price of GBX 630.45.
About Fresnillo
(
Get Free Report)
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.
See Also
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
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
