Fresnillo plc (LON:FRES – Get Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 610.87 ($7.68) and traded as high as GBX 641 ($8.06). Fresnillo shares last traded at GBX 638.50 ($8.02), with a volume of 982,691 shares trading hands.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the company. Berenberg Bank boosted their price objective on Fresnillo from GBX 620 ($7.79) to GBX 720 ($9.05) and gave the company a “hold” rating in a research note on Thursday, October 24th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Fresnillo in a research note on Friday, November 22nd.
Read Our Latest Analysis on FRES
Fresnillo Trading Up 1.1 %
Fresnillo Company Profile
Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. It operates through seven segments: Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and Juanicipio. The company primarily explores for silver, gold, lead, and zinc concentrates. Its projects include the Fresnillo silver mine located in the state of Zacatecas; Saucito silver mine situated in the state of Zacatecas; Ciénega gold mine located in the state of Durango; Herradura gold mine situated in the state of Sonora; Noche Buena gold mine located in the state of Sonora; San Julián silver-gold mine situated on the border of Chihuahua/Durango states; and Juanicipio mine located in the state of Zacatecas.
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