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

Fresnillo (LON:FRES)‘s stock had its “overweight” rating reaffirmed by JPMorgan Chase & Co. in a research note issued on Friday, MarketBeat Ratings reports.

Separately, Berenberg Bank increased their target price on shares of Fresnillo from GBX 620 ($7.77) to GBX 720 ($9.03) and gave the company a “hold” rating in a research report on Thursday, October 24th.

Fresnillo Stock Performance

Shares of Fresnillo stock opened at GBX 652.50 ($8.18) on Friday. Fresnillo has a one year low of GBX 435.20 ($5.46) and a one year high of GBX 782 ($9.80). The company has a market capitalization of £4.81 billion, a PE ratio of 2,718.75, a P/E/G ratio of -1.58 and a beta of 0.15. The company has a debt-to-equity ratio of 21.66, a quick ratio of 3.28 and a current ratio of 5.88. The company has a 50-day simple moving average of GBX 657.05 and a two-hundred day simple moving average of GBX 601.83.

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.