Fresnillo plc (OTCMKTS:FNLPF - Get Free Report) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totalling 507,000 shares, a decrease of 6.8% from the September 15th total of 544,200 shares. Based on an average daily volume of 27,200 shares, the short-interest ratio is presently 18.6 days.
Fresnillo Stock Up 3.0 %
Shares of Fresnillo stock traded up $0.25 during trading on Wednesday, hitting $8.72. 7,208 shares of the stock were exchanged, compared to its average volume of 11,840. The company has a fifty day moving average price of $7.54 and a 200-day moving average price of $7.44. Fresnillo has a 1-year low of $5.51 and a 1-year high of $8.90.
Analyst Ratings Changes
Several brokerages have recently issued reports on FNLPF. Canaccord Genuity Group raised shares of Fresnillo to a "strong-buy" rating in a research 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.
Get Our Latest Stock Report on FNLPF
Fresnillo Company Profile
(
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.
Further Reading
Before you consider Fresnillo, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fresnillo wasn't on the list.
While Fresnillo currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
