Fresnillo's (FRES) "Overweight" Rating Reaffirmed at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their overweight rating on shares of Fresnillo (LON:FRES - Free Report) in a research report sent to investors on Friday morning, Marketbeat.com reports.

Separately, Berenberg Bank lifted their price target on shares of Fresnillo from GBX 620 ($7.77) to GBX 720 ($9.03) and gave the company a "hold" rating in a research report on Thursday, October 24th.

Fresnillo Stock Up 0.8 %

FRES stock traded up GBX 5 ($0.06) during midday trading on Friday, hitting GBX 652.50 ($8.18). The company's stock had a trading volume of 428,805 shares, compared to its average volume of 1,440,271. The company has a market cap of £4.81 billion, a PE ratio of 2,718.75, a P/E/G ratio of -1.58 and a beta of 0.15. The company has a current ratio of 5.88, a quick ratio of 3.28 and a debt-to-equity ratio of 21.66. The firm's 50-day moving average is GBX 657.05 and its 200-day moving average is GBX 601.83. Fresnillo has a 12 month low of GBX 435.20 ($5.46) and a 12 month high of GBX 782 ($9.80).

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.