In a report released today, Amos Fletcher from Barclays maintained a Hold rating on FRESNILLO (FNLPF – Research Report), with a price target of £6.50. The company’s shares closed yesterday at $7.44.
According to TipRanks, Fletcher is a 4-star analyst with an average return of -1.6% and a 54.70% success rate. Fletcher covers the Basic Materials sector, focusing on stocks such as Vale SA, FRESNILLO, and BHP Group Ltd.
In addition to Barclays, FRESNILLO also received a Hold from UBS’s Daniel Major in a report issued yesterday. However, on August 1, Credit Suisse reiterated a Sell rating on FRESNILLO (Other OTC: FNLPF).
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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 20.66K.
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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.
Read More on FNLPF:
- Fresnillo price target lowered to 690 GBp from 790 GBp at RBC Capital
- Fresnillo price target lowered to 590 GBp from 620 GBp at Morgan Stanley
- Fresnillo price target lowered to 620 GBp from 660 GBp at Credit Suisse
- Fresnillo price target lowered to 525 GBp from 630 GBp at Barclays
- Fresnillo price target lowered to 670 GBp from 700 GBp at Berenberg
