Fresnillo plc (OTCMKTS:FNLPF) Sees Significant Decrease in Short Interest

Fresnillo plc (OTCMKTS:FNLPF - Get Free Report) was the target of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 226,900 shares, a decrease of 65.8% from the January 31st total of 664,200 shares. Based on an average daily trading volume, of 27,200 shares, the short-interest ratio is presently 8.3 days.

Fresnillo Stock Performance

FNLPF stock traded down $0.01 during midday trading on Tuesday, reaching $9.16. The company's stock had a trading volume of 915 shares, compared to its average volume of 11,405. The business's 50-day simple moving average is $8.77 and its 200-day simple moving average is $8.42. The company has a debt-to-equity ratio of 0.20, a current ratio of 5.88 and a quick ratio of 4.20. Fresnillo has a 52 week low of $5.51 and a 52 week high of $10.61.

Fresnillo Company Profile

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.