Fresnillo (FRES)

Sector:

Mining

Index:

FTSE 100

 1,340.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 1,340.00
  • 52 Week Low: 527.00
  • Currency: UK Pounds
  • Shares Issued: 736.89m
  • Volume: 0
  • Market Cap: £9,874m

Fresnillo says 2019 to be 'challenging year'

By Frank Prenesti

Date: Tuesday 21 May 2019

LONDON (ShareCast) - (Sharecast News) - Gold and sliver miner Fresnillo said it expected 2019 to be "a more challenging year" than 2018, with a number of industry variables "potentially working against us".
In a statement ahead of the company's annual shareholder meeting, Fresnillo said despite the tough year ahead, "internal conditions in the long-term remain sound".

"We maintain our confidence in Mexico and will keep investing in the projects under exploration. As we reported in April, first quarter production was down as expected on the same period last year, though slightly weaker than anticipated," the company said.

"Full year guidance however remains unchanged as we expect to realise the benefits from the investments we have made into the operations."

Silver output slipped 14.8% to 13.1m ounces in the quarter to March 31, mainly due to lower grades of ore and lower ore throughput, Fresnillo said last month.

Octavio Alvídrez, Fresnillo Chief Executive Officer, said. The company, which mines gold and silver in Mexico, reported lower than expected full-year profit in February while warning of headwinds including lower precious metals prices for 2019.

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Fresnillo Market Data

Currency UK Pounds
Share Price 1,340.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 1,340.00
52 Week Low 527.00
Volume 0
Shares Issued 736.89m
Market Cap £9,874m

Fresnillo Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
83.8% below the market average83.8% below the market average83.8% below the market average83.8% below the market average83.8% below the market average
98.25% below the sector average98.25% below the sector average98.25% below the sector average98.25% below the sector average98.25% below the sector average
Price Trend
92.58% above the market average92.58% above the market average92.58% above the market average92.58% above the market average92.58% above the market average
73.55% above the sector average73.55% above the sector average73.55% above the sector average73.55% above the sector average73.55% above the sector average
Income
98.56% below the market average98.56% below the market average98.56% below the market average98.56% below the market average98.56% 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
95.48% below the market average95.48% below the market average95.48% below the market average95.48% below the market average95.48% 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 3
Buy 0
Neutral 9
Sell 1
Strong Sell 1
Total 14
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 06-Aug-20 23-Apr-20
Paid 16-Sep-20 02-Jun-20
Amount 2.30¢ 11.90¢

Trades for --2020

Time Volume / Share Price
0 @ 0.000p

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