Fresnillo plc (OTCMKTS:FNLPF – Get Free Report) was the recipient of a large decrease in short interest in November. As of November 15th, there was short interest totalling 413,800 shares, a decrease of 8.2% from the October 31st total of 450,600 shares. Based on an average daily volume of 26,300 shares, the short-interest ratio is presently 15.7 days.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group raised shares of Fresnillo to a “strong-buy” rating in a research report on Thursday, August 8th.
View Our Latest Analysis on FNLPF
Fresnillo Trading Down 1.4 %
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.
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