Fresnillo Plc (LON:FRES) shares hit a new 52-week low on Friday . The stock traded as low as GBX 719.20 ($9.40) and last traded at GBX 723.80 ($9.46), with a volume of 310043 shares. The stock had previously closed at GBX 726.40 ($9.49).
Several research analysts have recently weighed in on FRES shares. Citigroup restated a “neutral” rating and set a GBX 900 ($11.76) target price (down from GBX 1,000 ($13.07)) on shares of Fresnillo in a report on Wednesday, March 6th. UBS Group restated a “buy” rating and set a GBX 1,050 ($13.72) target price (down from GBX 1,100 ($14.37)) on shares of Fresnillo in a report on Friday, April 12th. Barclays restated an “equal weight” rating on shares of Fresnillo in a report on Monday, February 25th. Goldman Sachs Group lowered their target price on Fresnillo from GBX 1,300 ($16.99) to GBX 1,250 ($16.33) and set a “conviction-buy” rating on the stock in a report on Friday, March 1st. Finally, Numis Securities restated a “buy” rating on shares of Fresnillo in a report on Thursday. Six investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the stock. Fresnillo presently has an average rating of “Buy” and an average price target of GBX 1,043.83 ($13.64).
The firm has a market cap of $5.39 billion and a P/E ratio of 15.39. The company has a debt-to-equity ratio of 25.58, a current ratio of 8.11 and a quick ratio of 6.37.
ILLEGAL ACTIVITY WARNING: “Fresnillo (FRES) Hits New 1-Year Low at $719.20” was first reported by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this piece of content on another website, it was stolen and reposted in violation of U.S. & international copyright law. The original version of this piece of content can be viewed at https://sportsperspectives.com/2019/05/19/fresnillo-fres-hits-new-1-year-low-at-719-20.html.
About Fresnillo (LON:FRES)
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, Soledad-Dipolos, 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 Juanicipio, Las Casas, Cebollitas Cluster, Centauro Deep, Centauro Pit Expansion as part of Herradura, and Orisyvo.
Receive News & Ratings for Fresnillo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fresnillo and related companies with MarketBeat.com's FREE daily email newsletter.