Fresnillo (FNLPF) Raised to “Hold” at ValuEngine

ValuEngine upgraded shares of Fresnillo (OTCMKTS:FNLPF) from a sell rating to a hold rating in a report issued on Friday morning.

FNLPF has been the subject of a number of other research reports. Zacks Investment Research upgraded shares of Fresnillo from a sell rating to a hold rating in a research note on Monday, November 26th. Morgan Stanley reiterated an underweight rating on shares of Fresnillo in a research note on Friday, November 23rd.

FNLPF stock remained flat at $$10.50 during trading hours on Friday. 2,700 shares of the company’s stock were exchanged, compared to its average volume of 4,364. The firm has a market capitalization of $7.74 billion, a PE ratio of 16.15 and a beta of 0.45. The company has a current ratio of 10.24, a quick ratio of 8.72 and a debt-to-equity ratio of 0.26. Fresnillo has a 12-month low of $9.35 and a 12-month high of $19.93.

About Fresnillo

Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. It primarily explores for silver, gold, lead, and zinc concentrates. The company's operating mines include the Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, and San Julián; development projects comprise the Pyrites Plant, and second line of the DLP at Herradura; and advanced exploration projects consist of the Orisyvo, Juanicipio, Las Casas Rosario and Cluster Cebollitas, and Centauro Deep, as well as various other long term exploration prospects.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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