Fresnillo (LON:FRES) Receives “Overweight” Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their overweight rating on shares of Fresnillo (LON:FRES) in a research report report published on Friday, MarketBeat.com reports.

Separately, Berenberg Bank boosted their target price on shares of Fresnillo from GBX 620 ($7.81) to GBX 720 ($9.07) and gave the stock a “hold” rating in a research note on Thursday, October 24th.

Fresnillo Trading Up 0.8 %

Shares of Fresnillo stock opened at GBX 652.50 ($8.22) on Friday. The company has a market cap of £4.81 billion, a P/E ratio of 2,718.75, a price-to-earnings-growth ratio of -1.58 and a beta of 0.15. The firm has a 50-day simple moving average of GBX 657.05 and a two-hundred day simple moving average of GBX 601.91. The company has a debt-to-equity ratio of 21.66, a quick ratio of 3.28 and a current ratio of 5.88. Fresnillo has a fifty-two week low of GBX 435.20 ($5.48) and a fifty-two week high of GBX 782 ($9.85).

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.