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Fresnillo (OTCMKTS:FNLPF) Hits New 52-Week High - Here's What Happened

Fresnillo logo with Basic Materials background
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Shares of Fresnillo plc (OTCMKTS:FNLPF - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $12.50 and last traded at $12.21, with a volume of 23059 shares. The stock had previously closed at $12.16.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on FNLPF shares. Berenberg Bank upgraded Fresnillo from a "hold" rating to a "strong-buy" rating in a report on Friday, March 7th. Royal Bank of Canada downgraded Fresnillo from a "moderate buy" rating to a "hold" rating in a research note on Thursday, March 13th.

Read Our Latest Analysis on FNLPF

Fresnillo Trading Down 3.0 %

The business has a 50 day moving average of $9.71 and a 200 day moving average of $8.82. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.20 and a current ratio of 5.88.

About Fresnillo

(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.

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