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Fresnillo (OTCMKTS:FNLPF) Stock Crosses Below Fifty Day Moving Average - Here's What Happened

Fresnillo logo with Basic Materials background

Fresnillo plc (OTCMKTS:FNLPF - Get Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $8.73 and traded as low as $8.00. Fresnillo shares last traded at $8.00, with a volume of 1,689 shares changing hands.

Fresnillo Stock Performance

The business has a 50 day simple moving average of $8.71 and a 200 day simple moving average of $7.92.

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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