Fresnillo (FRES)

Sector:

Mining

Index:

FTSE 100

508.50p
   
  • Change Today:
    -4.50p
  • 52 Week High: 639.50
  • 52 Week Low: 441.40
  • Currency: UK Pounds
  • Shares Issued: 736.89m
  • Volume: 506,859
  • Market Cap: £3,747.10m

Fresnillo says on track to meet FY guidance

By Frank Prenesti

Date: Wednesday 24 Jul 2024

LONDON (ShareCast) - (Sharecast News) - Gold and silver miner Fresnillo said it was on track to meet full year guidance after strong second quarter production.


The Mexico-based company said quarterly attributable silver production of rose 8.4% quarter on quarter to 14.6 million ounces.

Gold production was down 7.7% to 130,000 ounces mainly driven by the lower recovery rate and decrease in ore grade at the Herradura operation and lower ore grade at Saucito, partly mitigated by the higher ore grade at Fresnillo and the contribution from Noche Buena.

Fresnillo forecast 2024 attributable silver production in range of 55 - 62.0 million ounces and attributable gold production to be in range of 580 to 630 koz.

Total production was expected to be 101-112 million ounces this year.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Fresnillo Market Data

Currency UK Pounds
Share Price 508.50p
Change Today -4.50p
% Change -0.88 %
52 Week High 639.50
52 Week Low 441.40
Volume 506,859
Shares Issued 736.89m
Market Cap £3,747.10m

Fresnillo Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
6.58% below the market average6.58% below the market average6.58% below the market average6.58% below the market average6.58% below the market average
56.59% below the sector average56.59% below the sector average56.59% below the sector average56.59% below the sector average56.59% below the sector average
Price Trend
17.67% below the market average17.67% below the market average17.67% below the market average17.67% below the market average17.67% below the market average
28.47% above the sector average28.47% above the sector average28.47% above the sector average28.47% above the sector average28.47% above the sector average
Income
1.68% above the market average1.68% above the market average1.68% above the market average1.68% above the market average1.68% above the market average
52.38% below the sector average52.38% below the sector average52.38% below the sector average52.38% below the sector average52.38% below the sector average
Growth
93.28% below the market average93.28% below the market average93.28% below the market average93.28% below the market average93.28% below the market average
79.66% below the sector average79.66% below the sector average79.66% below the sector average79.66% below the sector average79.66% below the sector average

What The Brokers Say

Strong Buy 1
Buy 2
Neutral 10
Sell 0
Strong Sell 0
Total 13
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Fresnillo Dividends

  Latest Previous
  Interim Final
Ex-Div 08-Aug-24 18-Apr-24
Paid 17-Sep-24 29-May-24
Amount 6.40¢ 4.20¢

Trades for 06-Sep-2024

Time Volume / Share Price
17:07 10,000 @ 508.50p
16:35 12,205 @ 508.50p
16:35 1,533 @ 508.50p
16:35 127,234 @ 508.50p
16:35 303 @ 508.50p

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