RBC Capital analyst Marina Calero reiterated a Hold rating on FRESNILLO (FNLPF – Research Report) today and set a price target of p630.00. The company’s shares closed last Friday at $6.70.
Calero covers the Basic Materials sector, focusing on stocks such as FRESNILLO, Centamin, and Sibanye Stillwater. According to TipRanks, Calero has an average return of -5.7% and a 42.86% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for FRESNILLO with a $8.06 average price target.
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The company has a one-year high of $11.95 and a one-year low of $6.16. Currently, FRESNILLO has an average volume of 8,126.
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FRESNILLO (FNLPF) Company Description:
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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