Shares of Fresnillo plc (LON:FRES – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 559.49 ($7.49) and traded as high as GBX 637.50 ($8.54). Fresnillo shares last traded at GBX 621 ($8.32), with a volume of 862,078 shares.
Analyst Ratings Changes
Separately, Berenberg Bank increased their target price on shares of Fresnillo from GBX 560 ($7.50) to GBX 610 ($8.17) and gave the stock a “hold” rating in a research report on Wednesday, July 31st.
Get Our Latest Research Report on FRES
Fresnillo Stock Down 2.4 %
Fresnillo Increases Dividend
The firm also recently declared a dividend, which was paid on Tuesday, September 17th. Stockholders of record on Thursday, August 8th were issued a dividend of $0.06 per share. The ex-dividend date was Thursday, August 8th. This represents a dividend yield of 0.87%. This is an increase from Fresnillo’s previous dividend of $0.04. Fresnillo’s dividend payout ratio (DPR) is currently 3,333.33%.
Fresnillo Company Profile
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.
Recommended Stories
- Five stocks we like better than Fresnillo
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Can Costco Stock Hit New Highs as Interest Rates Drop?
- Airline Stocks – Top Airline Stocks to Buy Now
- These 3 Stocks Show How to Navigate Declining Consumer Confidence
- 3 REITs to Buy and Hold for the Long Term
- MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy?
Receive News & Ratings for Fresnillo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fresnillo and related companies with MarketBeat.com's FREE daily email newsletter.