Fresnillo (OTCMKTS:FNLPF) Sets New 52-Week High – Time to Buy?

Fresnillo plc (OTCMKTS:FNLPFGet Free Report) shares hit a new 52-week high on Wednesday . The company traded as high as $10.66 and last traded at $10.66, with a volume of 98357 shares trading hands. The stock had previously closed at $9.71.

Fresnillo Trading Up 9.8 %

The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.20 and a current ratio of 5.88. The firm has a fifty day moving average price of $8.80 and a two-hundred day moving average price of $8.44.

About Fresnillo

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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.

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