Breaking Finance News

numis disclosed Fresnillo (LON:FRES), boosting its stock price target to 1,400.00GBX earlier today

Displaying a price of 1,938.00GBX, Fresnillo (LON:FRES) traded 1.82% lower on the day. With the last close up 18.02% from the two hundred day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same period. FRES has logged a 50-day average of 1,809.03GBX and 200-day moving average of 1,366.93GBX. 1,689,793 shares of FRES exchanged hands, up from ann average volume of 1,330,540

Indicating a possible downside of -0.28%, numis raised the target stock price of Fresnillo (LON:FRES) to 1,400GBX

Previously on 7/29/2016, JP Morgan Cazenove reported about Fresnillo(LON:FRES) raised the target price from 1,360.00GBX to 1,400.00GBX. At the time, this indicated a possible downside of -0.27%.

Performance Graphic:

Fresnillo (LON:FRES)

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

Fresnillo has a PE of 74 with a 52 week low of 579.00GBX and a 52 week high of 2,057.21GBX and has a market cap of 0.0 GBX.

Brief Synopsis On Fresnillo (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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