Fresnillo plc (OTCMKTS:FNLPF) Sees Significant Decline in Short Interest

Fresnillo plc (OTCMKTS:FNLPF) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totalling 629,600 shares, a decrease of 7.0% from the May 31st total of 677,000 shares. Based on an average trading volume of 11,600 shares, the days-to-cover ratio is presently 54.3 days.

Fresnillo Trading Down 0.9 %

Shares of OTCMKTS:FNLPF opened at $7.03 on Wednesday. The company’s fifty day moving average is $7.37 and its 200-day moving average is $6.83. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.89 and a current ratio of 4.14. Fresnillo has a 52 week low of $5.51 and a 52 week high of $8.35.

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.