Fresnillo PLC (FNLPF) Lifted to “Buy” at HSBC Holdings PLC

HSBC Holdings PLC upgraded shares of Fresnillo PLC (OTCMKTS:FNLPF) from a hold rating to a buy rating in a report released on Wednesday morning.

Fresnillo PLC (OTCMKTS:FNLPF) opened at $17.47 on Wednesday. The company has a current ratio of 11.89, a quick ratio of 10.48 and a debt-to-equity ratio of 0.28. Fresnillo PLC has a 52-week low of $13.18 and a 52-week high of $22.27.

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Fresnillo PLC Company Profile

Fresnillo plc mines, develops, and produces non-ferrous minerals primarily in Mexico. It primarily explores for silver, gold, lead, and zinc ores. The company's primary operating mines include Fresnillo, Saucito, Ciénega, Herradura, Soledad-Dipolos, Noche Buena, and San Julián; development projects comprise San Julián, Pyrites Plant, and second line of DLP at Herradura; and advanced exploration projects consist of Orisyvo, Juanicipio, Las Casas Rosario and Cluster Cebollitas, and Centauro Deep, as well as various other long term exploration prospects.

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