Fresnillo (LON:FRES) Stock Crosses Above 200-Day Moving Average of $527.01

Fresnillo plc (LON:FRES) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 527.01 ($6.56) and traded as high as GBX 610 ($7.59). Fresnillo shares last traded at GBX 602 ($7.49), with a volume of 598,071 shares.

Fresnillo Trading Down 1.3 %

The company has a debt-to-equity ratio of 23.33, a current ratio of 4.14 and a quick ratio of 3.28. The company has a market cap of £4.44 billion, a price-to-earnings ratio of 2,408.00, a PEG ratio of -1.58 and a beta of 0.26. The business’s 50-day simple moving average is GBX 496.23 and its 200-day simple moving average is GBX 527.01.

Fresnillo Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, May 29th. Stockholders of record on Thursday, April 18th will be given a $0.04 dividend. The ex-dividend date of this dividend is Thursday, April 18th. This represents a dividend yield of 0.69%. This is a positive change from Fresnillo’s previous dividend of $0.01. Fresnillo’s dividend payout ratio is presently 1,600.00%.

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.