Fresnillo (OTCMKTS:FNLPF) Shares Cross Above 50 Day Moving Average – Time to Sell?

Fresnillo plc (OTCMKTS:FNLPF)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $8.47 and traded as high as $10.61. Fresnillo shares last traded at $9.91, with a volume of 17,845 shares traded.

Fresnillo Stock Performance

The company has a debt-to-equity ratio of 0.20, a current ratio of 5.88 and a quick ratio of 4.20. The stock’s 50-day moving average is $8.47 and its two-hundred day moving average is $8.19.

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.