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Fresnillo PLC (LON:FRES) target price increased to 1,680.00GBX, reported today by JP Morgan Cazenove

In a report issued Thursday September 15 2016 JP Morgan Cazenove bumped up the target price of Fresnillo PLC (LON:FRES) from 1,600GBX to 1,680GBX indicating a possible upside of 0.02%.

Just yesterday Fresnillo PLC (LON:FRES) traded 0.86% higher at 1,640.00GBX. The company’s 50-day average is 1,822.11GBX and its two hundred day average is 1,360.19GBX. The last stock price close is up 21.23% from the 200-day moving average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. 30,260 shares of the stock traded hands, down from ann avg. trading volume of 1,352,960.

Recent Performance Chart:

Fresnillo PLC (LON:FRES)

With a total market value of 0.0 GBX, Fresnillo PLC has a one-year low of 577.50GBX and a one-year high of 2,057.21GBX with a P/E ratio of 75.

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

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, and Ltd.

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