Fresnillo (LON:FRES) Given New GBX 805 Price Target at Canaccord Genuity Group

Fresnillo (LON:FRES) had its target price increased by Canaccord Genuity Group from GBX 760 ($9.58) to GBX 805 ($10.15) in a report published on Tuesday morning, Marketbeat reports. Canaccord Genuity Group currently has a hold rating on the stock.

Separately, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Fresnillo in a research report on Friday, November 22nd.

Fresnillo Trading Down 0.7 %

Shares of LON:FRES opened at GBX 751.50 ($9.47) on Tuesday. The company has a market capitalization of £6.94 billion, a PE ratio of 28.01, a P/E/G ratio of -1.58 and a beta of 0.15. The company has a current ratio of 5.88, a quick ratio of 3.28 and a debt-to-equity ratio of 23.55. The business’s fifty day simple moving average is GBX 699.86 and its 200-day simple moving average is GBX 650.49. Fresnillo has a 12-month low of GBX 435.20 ($5.49) and a 12-month high of GBX 839.50 ($10.58).

About Fresnillo

Fresnillo plc is the world’s largest silver producer and Mexico’s largest gold producer, listed on the London and Mexican stock exchanges.
The Group seeks to create value for stakeholders across precious metal cycles, focusing on high-potential silver and gold projects that can be developed into low cost, world-class mines.
Following a decade of consistent and successful progress, the Group is now focused on consolidating its growth and advancing its pipeline in order to deliver further growth in the years ahead.