Fresnillo (LON:FRES) Given Overweight Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their overweight rating on shares of Fresnillo (LON:FRES) in a research report report published on Friday morning, Marketbeat reports.

Separately, Berenberg Bank raised their target price on Fresnillo from GBX 620 ($7.77) to GBX 720 ($9.03) and gave the stock a “hold” rating in a research note on Thursday, October 24th.

Fresnillo Price Performance

LON:FRES opened at GBX 652.50 ($8.18) on Friday. Fresnillo has a one year low of GBX 435.20 ($5.46) and a one year high of GBX 782 ($9.80). The stock 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 debt-to-equity ratio of 21.66, a quick ratio of 3.28 and a current ratio of 5.88. The stock has a 50 day moving average price of GBX 657.05 and a 200 day moving average price of GBX 601.83.

About Fresnillo

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.