Fresnillo (OTCMKTS:FNLPF) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Fresnillo plc (OTCMKTS:FNLPFGet Free Report)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $8.22 and traded as high as $8.48. Fresnillo shares last traded at $8.31, with a volume of 19,045 shares trading hands.

Fresnillo Stock Performance

The business has a 50 day simple moving average of $8.20 and a 200 day simple moving average of $8.04.

Fresnillo Company Profile

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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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