Fresnillo (FRES)

Sector:

Mining

Index:

FTSE 100

769.80p
   
  • Change Today:
    -18.20p
  • 52 Week High: 921.20
  • 52 Week Low: 527.00
  • Currency: UK Pounds
  • Shares Issued: 736.89m
  • Volume: 108,947
  • Market Cap: £5,673m

Fresnillo ropes in Andre Sougarret Larroquete as its new COO

By Josh White

Date: Wednesday 09 Jan 2019

LONDON (ShareCast) - (Sharecast News) - Fresnillo confirmed the appointment of André Sougarret Larroquete as its new chief operating officer on Wednesday, to oversee the safe and efficient running of its existing mines.
The FTSE 100 firm said the 53-year-old Sougarret Larroquete was bringing a "significant" track record in the mining sector with him.

His most recent appointment was as executive vice president at the National Mining Company (ENAMI), an organisation responsible for the growth of the mining industry in Chile.

Prior to joining ENAMI, Sougarret Larroquete held several positions at the Teniente division of Codelco, implementing best practice methods across the entire division.

In addition to his sector experience, Sougarret Larroquete reportedly shared Fresnillo's cultural commitment to safety and providing its workers with safe working environments, the board reported.

His previous roles also included general manager of the Centinela and Esperanza mines at Antofagasta.

Sougarret Larroquete held a degree in mining engineering from the University of Chile, and an MBA in company administration from Loyola College.

He was joining Fresnillo following the retirement of Roberto Díaz.

Díaz had a "remarkable career" in the mining industry and with Fresnillo, the board said, starting his career with its parent company Peñoles in 1977.

Following other roles around the world, he rejoined Peñoles in 2007, and before being appointed chief operating officer in 2013, he served as vice-president of operations.

"I would like to welcome André to Fresnillo," said chief executive officer Octavio Alvídrez.

"He has an outstanding track record and we have no doubt he will provide strong operational leadership as we deliver on the significant potential of Fresnillo, both in terms of its existing portfolio, but also its extensive growth pipeline.

"On behalf of the board, and the whole company, I would like to thank Roberto for the huge contribution he has made to Fresnillo."

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Fresnillo Market Data

Currency UK Pounds
Share Price 769.80p
Change Today -18.20p
% Change -2.31 %
52 Week High 921.20
52 Week Low 527.00
Volume 108,947
Shares Issued 736.89m
Market Cap £5,673m

Fresnillo Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
85.63% below the market average85.63% below the market average85.63% below the market average85.63% below the market average85.63% below the market average
96.52% below the sector average96.52% below the sector average96.52% below the sector average96.52% below the sector average96.52% below the sector average
Price Trend
45.27% above the market average45.27% above the market average45.27% above the market average45.27% above the market average45.27% above the market average
36.59% above the sector average36.59% above the sector average36.59% above the sector average36.59% above the sector average36.59% above the sector average
Income
91.08% below the market average91.08% below the market average91.08% below the market average91.08% below the market average91.08% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
97.08% below the market average97.08% below the market average97.08% below the market average97.08% below the market average97.08% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 13
Sell 0
Strong Sell 1
Total 15
neutral
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Fresnillo Dividends

  Latest Previous
  Final Interim
Ex-Div 23-Apr-20 08-Aug-19
Paid 02-Jun-20 06-Sep-19
Amount 11.90¢ 2.60¢

Trades for 29-May-2020

Time Volume / Share Price
10:05 257 @ 769.79p
10:05 350 @ 769.80p
10:05 343 @ 769.00p
10:05 137 @ 769.00p
10:05 261 @ 769.00p

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