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A statement released earlier today by Macquarie about Fresnillo PLC (LON:FRES) maintains the target price at 1,600.00GBX

Showing a price of 1,691.00GBX, Fresnillo PLC (LON:FRES) traded 1.28% higher on the day. The last stock price close is up 22.77% relative to the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the date range. Fresnillo PLC has registered a 50-day average of 1,799.19GBX and two hundred day average of 1,377.66GBX. 52,269 shares of Fresnillo PLC traded, down from ann avg. trading volume of 1,318,620

Fresnillo PLC (LON:FRES) had its price target maintained to 1,600GBX by Macquarie in an issued report released Tuesday September 20 2016. The new target price implies a possible downside of -0.05% based on the bussiness’ previous stock close price.

Previously on 9/15/2016, JP Morgan Cazenove released a statement about Fresnillo PLC(LON:FRES) raised the target price from 1,600.00GBX to 1,680.00GBX that indicated a possible upside of 0.02%.

Recent Performance Graphic:

Fresnillo PLC (LON:FRES)

In addition to Macquarie reporting it’s price target, a total of 15 equity analysts have reported on the company. The consensus target stock price is 18.11GBX with 0 rating the stock a strong buy, two firms rating the stock a buy, seven firms rating the stock a hold, four brokerages rating the stock to underperform, and lastly two brokerages rating the company as sell.

Fresnillo PLC has a price-earnings of 77 with a 52 week low of 579.00GBX and a one-year high of 2,057.21GBX and has a total market value of 0.0 GBX.

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.

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