Fresnillo (OTCMKTS:FNLPF) Reaches New 1-Year High – Here’s Why

Fresnillo plc (OTCMKTS:FNLPF) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $11.12 and last traded at $10.75, with a volume of 17924 shares. The stock had previously closed at $11.03.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada reissued an “outperform” rating on shares of Fresnillo in a report on Monday, March 3rd.

Fresnillo Trading Down 2.6 %

The stock’s fifty day moving average is $9.03 and its 200-day moving average is $8.54. The company has a current ratio of 5.88, a quick ratio of 4.20 and a debt-to-equity ratio of 0.20.

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.