Breaking Finance News

A report released today by JP Morgan Cazenove about Fresnillo PLC (LON:FRES) raises the target price to 1,600.00GBX

Yesterday Fresnillo PLC (LON:FRES) traded 1.82% lower at 1,948.50GBX. The company’s 50-day moving average is 1,809.03GBX and its two hundred day average is 1,366.93GBX. The last stock price is up 18.02% from the two hundred day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. 1,689,793 shares of FRES traded hands, up from ann avg. trading volume of 1,330,540.

Fresnillo PLC (LON:FRES) had its target price upped to 1,600GBX by JP Morgan Cazenove in a report issued 8/15/2016. The latest target price indicates a potential downside of -0.18% based on the company’s previous stock close price.

Performance Graph:

Fresnillo PLC (LON:FRES)

A total of 15 analysts have reported on FRES. Zero rate the stock a strong buy, two firms rate the stock a buy, seven firms rate the company a hold, four firms rate the stock to underperform, and finally two brokeragesrate the company as sell with a 12-month target stock price of 18.11GBX

With a total market value of 0.0 GBX, Fresnillo PLC has a one-year low of 579.00GBX and a 52 week high of 2,057.21GBX with a price-earnings ratio of 74.

Brief Synopsis On Fresnillo PLC (LON:FRES)

Fresnillo plc is a holding company. Through its subsidiaries, the Company is engaged in the mining and beneficiation of non-ferrous minerals, and the sale of related production. The primary contents of this production include silver, gold, lead and zinc. The Company has six operating mines: Fresnillo, located in the State of Zacatecas, which is primary silver mine; Saucito, located in the State of Zacatecas, an underground silver mine; Cienega, located in the State of Durango, an underground gold mine, including the San Ramon satellite mine; Herradura, located in the State of Sonora, a surface gold mine; Soledad-Dipolos mine, located in the State of Sonora, a surface gold mine, and Noche Buena, located in State of Sonora, a surface gold mine. The Company has two development projects, which include Saucito II and San Julian. The Company’s subsidiaries include Minera Fresnillo, S.A. de C.V., Minera Penmont, S. de R.L. de C.V., Minera Saucito, S.A. de C.V. and Fresbal Investments, and Ltd.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *