2 weeks Ago By Defense World Staff
Fresnillo plc (LON:FRES – Get Free Report) fell 5.6% on Friday . The company traded as low as GBX 1,007 ($13.
39) and last traded at GBX 1,021 ($13.58). 1,248,325 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 3,374,354 shares.
The stock had previously closed at GBX 1,081 ($14.37).Wall Street Analysts Forecast GrowthA number of analysts have recently commented on FRES shares.
Royal Bank of Canada restated a “sector perform” rating and issued a GBX 880 ($11.70) price target on shares of Fresnillo in a report on Thursday, March 13th. Berenberg Bank raised Fresnillo to a “buy” rating and upped their price target for the stock from GBX 840 ($11.
17) to GBX 1,020 ($13.56) in a research report on Thursday, March 6th. Finally, Canaccord Genuity Group lifted their price objective on shares of Fresnillo from GBX 760 ($10.
11) to GBX 805 ($10.70) and gave the company a “hold” rating in a report on Tuesday, February 25th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock.
Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of GBX 824 ($10.96).Get Our Latest Report on FRESFresnillo Price PerformanceThe stock has a market cap of £9.
43 billion, a P/E ratio of 38.05, a PEG ratio of -1.58 and a beta of 0.
15. The company has a debt-to-equity ratio of 23.55, a current ratio of 5.
88 and a quick ratio of 3.28. The business’s fifty day moving average price is GBX 877.
31 and its 200 day moving average price is GBX 744.33. Fresnillo Increases DividendThe firm also recently declared a dividend, which will be paid on Friday, May 30th.
Stockholders of record on Thursday, April 17th will be paid a dividend of $0.68 per share. The ex-dividend date of this dividend is Thursday, April 17th.
This represents a dividend yield of 5.49%. This is an increase from Fresnillo’s previous dividend of $0.
06. Fresnillo’s dividend payout ratio (DPR) is presently 29.82%.
Fresnillo Company Profile (Get Free Report)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.
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