Short Interest in Fresnillo plc (OTCMKTS:FNLPF) Declines By 7.0%

Fresnillo plc (OTCMKTS:FNLPF) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 629,600 shares, a drop of 7.0% from the May 31st total of 677,000 shares. Based on an average daily volume of 11,600 shares, the short-interest ratio is presently 54.3 days.

Fresnillo Stock Down 0.9 %

FNLPF traded down $0.06 during midday trading on Tuesday, hitting $7.03. 901 shares of the company were exchanged, compared to its average volume of 13,816. The company’s 50 day simple moving average is $7.37 and its 200 day simple moving average is $6.84. 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 has a 1-year low of $5.51 and a 1-year high of $8.35.

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.