RBC Capital Sticks to Its Sell Rating for FRESNILLO (FNLPF)


In a report issued on April 16, Tyler Broda from RBC Capital maintained a Sell rating on FRESNILLO (FNLPF), with a price target of p775.00. The company’s shares closed last Friday at $12.91.

According to TipRanks.com, Broda is a 4-star analyst with an average return of 8.5% and a 57.5% success rate. Broda covers the Basic Materials sector, focusing on stocks such as Sibanye Stillwater, Anglogold Ashanti, and Gold Fields.

Currently, the analyst consensus on FRESNILLO is a Moderate Sell with an average price target of $11.73.

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The company has a one-year high of $18.11 and a one-year low of $8.10. Currently, FRESNILLO has an average volume of 15.19K.

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Fresnillo Plc is a holding company, which engages in the production of gold and silver. It operates through the following segments: Fresnillo, Saucito, Cienega, Herradura, Soledad-Dipolos, Noche Buena, and San Julia. The Fresnillo, and Saucito segments are located in the state of Zacatecas, an underground silver mine. The Cienega segment includes San Ramón satellite mine which are both located in the state of Durango, an underground gold mine. The Herradura, and Noche Buena segments are located in the state of Sonora, a surface gold mine. The San Julian segment operates on the border of Chihuahua/Durango states, an underground silver-gold mine. The company was founded on August 15, 2007 and is headquartered in Mexico City, Mexico.

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