Fresnillo plc (OTCMKTS:FNLPF) Short Interest Down 6.8% in September

Fresnillo plc (OTCMKTS:FNLPF) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 507,000 shares, a decline 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 Trading Down 0.9 %

Fresnillo stock traded down $0.08 during trading on Wednesday, hitting $8.47. 16,956 shares of the company were exchanged, compared to its average volume of 11,864. The business’s 50 day moving average is $7.54 and its 200 day moving average is $7.44. Fresnillo has a 52 week low of $5.51 and a 52 week high of $8.85.

Analyst Ratings Changes

A number of research firms have commented on FNLPF. Canaccord Genuity Group upgraded Fresnillo to a “strong-buy” rating in a research report on Thursday, August 8th. Berenberg Bank upgraded shares of Fresnillo from a “strong sell” rating to a “hold” rating in a report on Friday, July 26th.

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.