Fresnillo (LON:FRES) Price Target Raised to GBX 805

Fresnillo (LON:FRES) had its price objective upped by Canaccord Genuity Group from GBX 760 ($9.58) to GBX 805 ($10.15) in a research report released on Tuesday, MarketBeat Ratings reports. Canaccord Genuity Group currently has a hold rating on the stock.

Separately, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Fresnillo in a report on Friday, November 22nd.

Fresnillo Price Performance

LON FRES opened at GBX 751.50 ($9.47) on Tuesday. The business’s fifty day moving average is GBX 699.86 and its 200 day moving average is GBX 650.49. Fresnillo has a fifty-two week low of GBX 435.20 ($5.49) and a fifty-two week high of GBX 839.50 ($10.58). The company has a debt-to-equity ratio of 23.55, a quick ratio of 3.28 and a current ratio of 5.88. The company has a market capitalization of £6.94 billion, a PE ratio of 28.01, a price-to-earnings-growth ratio of -1.58 and a beta of 0.15.

Fresnillo Company Profile

Fresnillo plc is the world’s largest silver producer and Mexico’s largest gold producer, listed on the London and Mexican stock exchanges.
The Group seeks to create value for stakeholders across precious metal cycles, focusing on high-potential silver and gold projects that can be developed into low cost, world-class mines.
Following a decade of consistent and successful progress, the Group is now focused on consolidating its growth and advancing its pipeline in order to deliver further growth in the years ahead.