Fresnillo (OTCMKTS:FNLPF) Stock Passes Above 50 Day Moving Average of $7.29

Shares of Fresnillo plc (OTCMKTS:FNLPF) 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 traded.

Analyst Upgrades and Downgrades

FNLPF has been the subject of a number of analyst reports. Berenberg Bank raised shares of Fresnillo from a “strong sell” rating to a “hold” rating in a research report on Friday, July 26th. Canaccord Genuity Group upgraded Fresnillo to a “strong-buy” rating in a report on Thursday, August 8th.

Fresnillo Stock Down 3.1 %

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

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.