Short Interest in Fresnillo plc (OTCMKTS:FNLPF) Declines By 65.8%

Fresnillo plc (OTCMKTS:FNLPF) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 226,900 shares, a decline of 65.8% from the January 31st total of 664,200 shares. Based on an average daily trading volume, of 27,200 shares, the short-interest ratio is currently 8.3 days.

Fresnillo Stock Down 3.0 %

Shares of FNLPF traded down $0.28 during trading hours on Friday, hitting $9.17. 3,074 shares of the stock were exchanged, compared to its average volume of 11,676. The stock’s 50-day moving average price is $8.75 and its two-hundred day moving average price is $8.38. The company has a quick ratio of 4.20, a current ratio of 5.88 and a debt-to-equity ratio of 0.20. Fresnillo has a 12-month low of $5.51 and a 12-month high of $10.61.

About Fresnillo

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.