Short Interest in Fresnillo plc (OTCMKTS:FNLPF) Drops By 65.8%

Fresnillo plc (OTCMKTS:FNLPF) was the target of a large decrease in short interest in February. As of February 15th, there was short interest totalling 226,900 shares, a decrease of 65.8% from the January 31st total of 664,200 shares. Based on an average daily volume of 27,200 shares, the short-interest ratio is presently 8.3 days.

Fresnillo Stock Performance

Shares of OTCMKTS FNLPF traded down $0.28 during midday trading on Friday, reaching $9.17. 3,074 shares of the stock were exchanged, compared to its average volume of 11,676. The company has a debt-to-equity ratio of 0.20, a current ratio of 5.88 and a quick ratio of 4.20. The firm has a 50-day simple moving average of $8.75 and a two-hundred day simple moving average of $8.38. Fresnillo has a twelve month low of $5.51 and a twelve month high of $10.61.

About Fresnillo

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.