Fresnillo’s (FNLPF) Neutral Rating Reaffirmed at JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their neutral rating on shares of Fresnillo (OTCMKTS:FNLPF) in a research note released on Wednesday, The Fly reports.

A number of other equities research analysts have also weighed in on FNLPF. UBS Group reaffirmed a hold rating on shares of Fresnillo in a report on Monday, July 27th. Scotiabank lowered Fresnillo from a sector perform rating to an underperform rating in a research note on Monday, July 20th. Zacks Investment Research raised Fresnillo from a hold rating to a buy rating and set a $13.00 price target on the stock in a research note on Tuesday, July 14th. Citigroup raised Fresnillo from a neutral rating to a buy rating in a research note on Tuesday, July 21st. Finally, BMO Capital Markets reissued a market perform rating on shares of Fresnillo in a research note on Wednesday. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company. Fresnillo has a consensus rating of Hold and a consensus price target of $11.00.

Shares of FNLPF stock opened at $16.38 on Wednesday. Fresnillo has a 52-week low of $5.53 and a 52-week high of $16.73. The stock’s 50-day moving average price is $11.90 and its 200 day moving average price is $9.48. The stock has a market capitalization of $12.07 billion, a PE ratio of 71.20 and a beta of 0.18. The company has a quick ratio of 4.86, a current ratio of 6.37 and a debt-to-equity ratio of 0.25.

Fresnillo Company Profile

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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Analyst Recommendations for Fresnillo (OTCMKTS:FNLPF)

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