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Fresnillo (OTCMKTS:FNLPF) Share Price Passes Above Fifty Day Moving Average of $7.29

Fresnillo logo with Basic Materials background

Fresnillo plc (OTCMKTS:FNLPF - Get Free Report)'s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $7.29 and traded as high as $7.41. Fresnillo shares last traded at $7.41, with a volume of 1,060 shares.

Analyst Upgrades and Downgrades

Several analysts have issued reports on FNLPF shares. Canaccord Genuity Group raised Fresnillo to a "strong-buy" rating in a report on Thursday, August 8th. Berenberg Bank raised Fresnillo from a "strong sell" rating to a "hold" rating in a research report on Friday, July 26th.

Check Out Our Latest Stock Analysis on FNLPF

Fresnillo Price Performance

The company has a debt-to-equity ratio of 0.21, a current ratio of 4.14 and a quick ratio of 2.89. The stock's 50-day simple moving average is $7.29 and its two-hundred day simple moving average is $7.12.

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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