Fresnillo
FRES: 1,156.96 -39.00 (▼3.29%)
| Bid Price | 1,145.00 | High Price | 1,186.57 |
|---|---|---|---|
| Ask Price | 1,148.00 | Low Price | 1,142.00 |
| Open Price | 1,182.00 | Spread | 0.26% |
| Prev Close | 1,145.00 | Volume | 1,484,289.00 |
Fresnillo Share Price Chart
Intraday
Historic – 1 year
Fresnillo Share Price Information
| Name | Fresnillo | Epic | FRES |
|---|---|---|---|
| Sector | Mining | ISIN | GB00B2QPKJ12 |
| Activites | Fresnillo plc is the world’s largest primary silver producer and Mexico’s second largest gold producer, listed on the London Stock Exchange under the symbol FRES. Fresnillo has four producing mines, all of them in Mexico – Fresnillo, Ci?nega, Herradura and Soledad-Dipolos; one development project – Saucito; and five advanced exploration prospects – Noche Buena, San Juan, San Julián, Orysivo and Juanicipio as well as a number of other long term exploration prospects and, in total, has mining concessions covering approximately 1.86 million hectares in Mexico. Fresnillo has a strong and long tradition of mining, a proven track record of mine development, reserve replacement, and production costs in the lowest quartile of the cost curve for both silver and gold. Fresnillo’s goal is to maintain the Group’s position as the world’s largest primary silver company, producing 65 million ounces of silver and over 400,000 ounces of gold by 2018. | Security Type | Equity |
Key numbers
| Latest Share Price (p) | 1,145.00 | Net Gearing (%) | 28.57 |
|---|---|---|---|
| Market Cap (£m) | 8,606.92 | Gross Gearing (%) | 38.45 |
| Shares in issue (m) | 736.89 | Debt Ratio | 36.76 |
| P/E Ratio | 121.67 | Debt-to-Equity Ratio | 0.93 |
| Divs per share (p) | 5.45 | Assets / Equity Ratio | 1.63 |
| Dividend Yield (%) | 0.66 | Price to book value | 3.62 |
| Dividend Cover | 1.77 | SROCE (%) | 5.66 |
| Earning per share (p) | 9.60 | EPS Growth (%) | -34.69 |
| 52-week high / low (p) | 2,056.00 / 612.50 | DPS Growth (%) | -31.88 |
Fresnillo Broker Views
| Date | Broker | Rec. | Price | Old target price | New target price | Notes |
|---|---|---|---|---|---|---|
| 18 Nov | Numis | Hold | 1,156.96 | Retains | ||
| 16 Nov | Numis | Hold | 1,156.96 | 1400.00 | Upgrades | |
| 15 Nov | Deutsche Bank | Hold | 1,156.96 | 1340.00 | Upgrades | |
| 10 Nov | JP Morgan Cazenove | Neutral | 1,156.96 | Retains | ||
| 10 Nov | Barclays Capital | Equal weight | 1,156.96 | Reiterates |
Fresnillo Director Deals
Fresnillo Company News
Broker Forecast – Numis issues a broker note on Fresnillo PLC
Numis today upgrades its investment rating on Fresnillo PLC (LON:FRES) to hold (from reduce) and set its price target at 1400p.
Story provided by StockMarketWire.com
Broker Forecast – Deutsche Bank issues a broker note on Fresnillo PLC
Deutsche Bank today upgrades its investment rating on Fresnillo PLC (LON:FRES) to hold (from sell) and set its price target at 1340p.
Story provided by StockMarketWire.com
Broker Forecast – JP Morgan Cazenove issues a broker note on Fresnillo PLC
JP Morgan Cazenove today reaffirms its neutral investment rating on Fresnillo PLC (LON:FRES) and raised its price target to 1750p (from 1630p).
Story provided by StockMarketWire.com
Broker Forecast – JP Morgan Cazenove issues a broker note on Fresnillo PLC
JP Morgan Cazenove today reaffirms its neutral investment rating on Fresnillo PLC (LON:FRES) and cut its price target to 1630p (from 1680p).
Story provided by StockMarketWire.com
FTSE falls ahead of US Federal Reserve meeting
Prime Minister Theresa May’s announcement that she will seek ‘maximum possible access’ to the single market and allow MPs to scrutinise the plan to leave the EU caused the pound to rally against the euro and dollar.
The FTSE 100 slumped 0.6% to 7,024 as investors awaited the minutes from the latest US Federal Reserve meeting on interest rates. Wall Street opened lower as investors were cautious over higher US bond yields.
West Texas Intermediate (WTI) crude oil slid 1.3% to $50 and Brent crude fell 1.1% to $51.84 per barrel, respectively.
Gold was flat at $1,253 per ounce and copper rose 0.2% to $4,806 per tonne.
MAIN NEWS OF THE DAY
Mining giant Fresnillo (FRES) remained on track to deliver its full-year production guidance, after reporting quarterly results in line with expectations. It was flat after the firm said the second phase of commissioning of the San Julian mine was pushed back.
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Story provided by StockMarketWire.com
