Fresnillo PLC (LON:FRES) has been reiterated to Reduce in a statement by Numis earlier today.
- Updated: October 15, 2016
Numis has reiterated Fresnillo PLC (LON:FRES) to Reduce in a statement released on Thursday October 13, 2016.
On 10/11/2016, Numis released a statement for Fresnillo PLC (LON:FRES) maintained the target price at 1,400.00GBX that suggested a downside of -0.17%.
Boasting a price of 1,662.50GBX, Fresnillo PLC (LON:FRES) traded -2.76% lower on the day. With the last stock price close up 10.19% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Fresnillo PLC has recorded a 50-day average of 1,698.73GBX and a two hundred day average of 1,470.24GBX. Volume of trade was down over the average, with 1,156,090 shares of FRES changing hands under the typical 1,156,380
With a total market value of 0 GBX, Fresnillo PLC has price-earnings ratio of 73.97 with a one year low of 612.50GBX and a one year high of 2,057.21GBX .
A total of 15 equity analysts have released a ratings update on FRES. zero equity analysts rating the company a strong buy, two equity analysts rating the company a buy, seven equity analysts rating the company a hold, four equity analysts rating the company a underperform, and finally two equity analysts rating the company a sell with a one year target of 18.11GBX.
Brief Synopsis About 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, Ltd.
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