Fresnillo (FRES)

Sector:

Mining

Index:

FTSE 100

717.40p
   
  • Change Today:
      0.80p
  • 52 Week High: 1,027.50
  • 52 Week Low: 601.00
  • Currency: UK Pounds
  • Shares Issued: 736.89m
  • Volume: 2,134,910
  • Market Cap: £5,286m
  • Beta: 0.03

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 717.40p
Change Today 0.80p
% Change 0.11 %
52 Week High 1,027.50
52 Week Low 601.00
Volume 2,134,910
Shares Issued 736.89m
Market Cap £5,286m
Beta 0.03

Fresnillo Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.4% below the market average67.4% below the market average67.4% below the market average67.4% below the market average67.4% below the market average
93.22% below the sector average93.22% below the sector average93.22% below the sector average93.22% below the sector average93.22% below the sector average
Price Trend
55.4% below the market average55.4% below the market average55.4% below the market average55.4% below the market average55.4% below the market average
10.4% below the sector average10.4% below the sector average10.4% below the sector average10.4% below the sector average10.4% below the sector average
Income
74.95% below the market average74.95% below the market average74.95% below the market average74.95% below the market average74.95% below the market average
91.3% below the sector average91.3% below the sector average91.3% below the sector average91.3% below the sector average91.3% below the sector average
Growth
28.94% below the market average28.94% below the market average28.94% below the market average28.94% below the market average28.94% below the market average
80% below the sector average80% below the sector average80% below the sector average80% below the sector average80% 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 20-Sep-2019

Time Volume / Share Price
16:48 144 @ 717.40p
16:48 39 @ 717.40p
16:43 7,200 @ 720.54p
16:35 849,319 @ 717.40p
16:29 2,058 @ 715.80p

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