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Credit Suisse Remains a Sell on FRESNILLO (FNLPF)
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Credit Suisse Remains a Sell on FRESNILLO (FNLPF)

Credit Suisse analyst Danielle Chigumira reiterated a Sell rating on FRESNILLO (FNLPFResearch Report) yesterday and set a price target of p580.00. The company’s shares closed yesterday at $7.50.

According to TipRanks, Chigumira is a 4-star analyst with an average return of 10.7% and a 75.00% success rate. Chigumira covers the Basic Materials sector, focusing on stocks such as Anglo American, FRESNILLO, and BHP Group Ltd.

FRESNILLO has an analyst consensus of Hold, with a price target consensus of $9.08.

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The company has a one-year high of $11.95 and a one-year low of $7.30. Currently, FRESNILLO has an average volume of 20.72K.

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Fresnillo Plc is a holding company, which engages in the production of gold and silver. It operates through the following segments: Fresnillo, Saucito, Cienega, Herradura, Soledad-Dipolos, Noche Buena, and San Julia. The Fresnillo, and Saucito segments are located in the state of Zacatecas, an underground silver mine. The Cienega segment includes San Ramón satellite mine which are both located in the state of Durango, an underground gold mine. The Herradura, and Noche Buena segments are located in the state of Sonora, a surface gold mine. The San Julian segment operates on the border of Chihuahua/Durango states, an underground silver-gold mine. The company was founded on August 15, 2007 and is headquartered in Mexico City, Mexico.

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