Fresnillo (LON:FRES) Given New GBX 805 Price Target at Canaccord Genuity Group

Fresnillo (LON:FRES) had its price target upped by Canaccord Genuity Group from GBX 760 ($9.63) to GBX 805 ($10.20) in a report issued on Tuesday, MarketBeat.com reports. Canaccord Genuity Group currently has a hold rating on the stock.

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

Fresnillo Trading Down 2.5 %

FRES opened at GBX 739 ($9.37) on Tuesday. The company’s 50 day moving average is GBX 695.25 and its 200-day moving average is GBX 647.99. Fresnillo has a 1-year low of GBX 435.20 ($5.52) and a 1-year high of GBX 839.50 ($10.64). The company has a current ratio of 5.88, a quick ratio of 3.28 and a debt-to-equity ratio of 23.55. The company has a market cap of £6.83 billion, a P/E ratio of 27.54, a PEG 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.