Fresnillo (OTCMKTS:FNLPF) Stock Price Passes Above 50-Day Moving Average – Here’s Why

Fresnillo plc (OTCMKTS:FNLPFGet Free Report)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $8.22 and traded as high as $8.48. Fresnillo shares last traded at $8.31, with a volume of 19,045 shares traded.

Fresnillo Stock Down 1.8 %

The firm’s fifty day moving average price is $8.20 and its 200 day moving average price is $8.04.

About Fresnillo

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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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