Fresnillo plc (OTCMKTS:FNLPF) Sees Significant Decrease in Short Interest

Fresnillo plc (OTCMKTS:FNLPF) saw a large decline in short interest during the month of 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 trading volume of 27,200 shares, the short-interest ratio is presently 8.3 days.

Fresnillo Price Performance

OTCMKTS FNLPF traded down $0.28 on Friday, reaching $9.17. The company had a trading volume of 3,074 shares, compared to its average volume of 11,676. 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’s 50 day moving average price is $8.75 and its 200 day moving average price is $8.40. Fresnillo has a 12 month low of $5.51 and a 12 month high of $10.61.

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.