Fresnillo (FRES)

Sector:

Mining

Index:

FTSE 100

616.00p
   
  • Change Today:
    -0.40p
  • 52 Week High: 1,027.50
  • 52 Week Low: 601.00
  • Currency: UK Pounds
  • Shares Issued: 736.89m
  • Volume: 1,902,634
  • Market Cap: £4,539.26m
  • Beta: 0.16

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."

Email this article to a friend

or share it with one of these popular networks:


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 616.00p
Change Today -0.40p
% Change -0.06 %
52 Week High 1,027.50
52 Week Low 601.00
Volume 1,902,634
Shares Issued 736.89m
Market Cap £4,539.26m
Beta 0.16

Fresnillo Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
53.27% below the market average53.27% below the market average53.27% below the market average53.27% below the market average53.27% below the market average
94.92% below the sector average94.92% below the sector average94.92% below the sector average94.92% below the sector average94.92% below the sector average
Price Trend
71.56% below the market average71.56% below the market average71.56% below the market average71.56% below the market average71.56% below the market average
36% below the sector average36% below the sector average36% below the sector average36% below the sector average36% below the sector average
Income
64.41% below the market average64.41% below the market average64.41% below the market average64.41% below the market average64.41% below the market average
82.61% below the sector average82.61% below the sector average82.61% below the sector average82.61% below the sector average82.61% below the sector average
Growth
29.1% below the market average29.1% below the market average29.1% below the market average29.1% below the market average29.1% below the market average
80.33% below the sector average80.33% below the sector average80.33% below the sector average80.33% below the sector average80.33% below the sector average

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 10
Sell 0
Strong Sell 0
Total 15
buy
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-19 25-Apr-19
Paid 06-Sep-19 24-May-19
Amount 2.60¢ 16.70¢

Trades for 18-Oct-2019

Time Volume / Share Price
16:35 614,899 @ 616.00p
16:29 207 @ 615.80p
16:29 508 @ 615.80p
16:29 43 @ 615.80p
16:29 43 @ 615.80p

Top of Page