Will FRESNILLO PLC LONDON ORDINARY SHARES UN (OTCMKTS:FNLPF) Run Out of Steam Soon? Short Interest is Up

Fresnillo PLC (OTCMKTS:FNLPF) Logo

The stock of FRESNILLO PLC LONDON ORDINARY SHARES UN (OTCMKTS:FNLPF) registered an increase of 7.18% in short interest. FNLPF’s total short interest was 570,300 shares in December as published by FINRA. Its up 7.18% from 532,100 shares, reported previously. With 4,300 shares average volume, it will take short sellers 133 days to cover their FNLPF’s short positions.

It closed at $10.5 lastly. It is down 0.00% since December 8, 2017 and is . It has underperformed by 15.62% the S&P500.

Fresnillo plc mines, develops, and produces non-ferrous minerals primarily in Mexico. The company has market cap of $7.36 billion. It primarily explores for silver, gold, lead, and zinc ores. It has a 16.06 P/E ratio. The company's primary operating mines include Fresnillo, Saucito, Ciénega, Herradura, Soledad-Dipolos, Noche Buena, and San Julián; development projects comprise San Julián, Pyrites Plant, and second line of DLP at Herradura; and advanced exploration projects consist of Orisyvo, Juanicipio, Las Casas Rosario and Cluster Cebollitas, and Centauro Deep, as well as various other long term exploration prospects.

More notable recent Fresnillo PLC (OTCMKTS:FNLPF) news were published by: Seekingalpha.com which released: “Fresnillo Plc – No Longer Overvalued Against Its Peers – Seeking Alpha” on January 31, 2018, also Seekingalpha.com with their article: “Vedanta Ltd. Has A ‘Silver’ Lining – Seeking Alpha” published on July 12, 2018, Seekingalpha.com published: “Fresnillo Plc – This Giant Silver Producer Is Going To Be Much Larger – Seeking Alpha” on April 04, 2015. More interesting news about Fresnillo PLC (OTCMKTS:FNLPF) were released by: Seekingalpha.com and their article: “Argonaut Gold: Significant Upside Remains – Seeking Alpha” published on September 01, 2017 as well as Seekingalpha.com‘s news article titled: “Fresnillo Plc 2018 Q2 – Results – Earnings Call Slides – Seeking Alpha” with publication date: July 31, 2018.

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