Fresnillo (FRES)

Sector:

Mining

Index:

FTSE 100

627.00p
   
  • Change Today:
      2.40p
  • 52 Week High: 1,027.50
  • 52 Week Low: 601.00
  • Currency: UK Pounds
  • Shares Issued: 736.89m
  • Volume: 2,090,567
  • Market Cap: £4,620.32m
  • Beta: 0.39

Fresnillo cuts 2019 production targets

By Frank Prenesti

Date: Wednesday 17 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Fresnillo said it was cutting 2019 production targets, blaming lower-than-expected grades of ore grades and delays in construction work at the Herradura gold mine in Mexico.
"As we have previously guided, we expected 2019 to be challenging and we remain cautious," the miner said.

Gold production was forecast at 880,000-910,000 ounces from an earlier target of 910,000-930,000 ounces. Silver production was cut to 55m - 58m ounces from 58m - 61m.

"Production has continued to recover towards target levels since the first quarter as we begin to see the positive impact of operational measures and investments we have made into infrastructure, equipment and infill drilling, in particular at our Fresnillo and Saucito mines," Fresnillo said.

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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 627.00p
Change Today 2.40p
% Change 0.38 %
52 Week High 1,027.50
52 Week Low 601.00
Volume 2,090,567
Shares Issued 736.89m
Market Cap £4,620.32m
Beta 0.39

Fresnillo Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
58.81% below the market average58.81% below the market average58.81% below the market average58.81% below the market average58.81% below the market average
94.87% below the sector average94.87% below the sector average94.87% below the sector average94.87% below the sector average94.87% below the sector average
Price Trend
67.79% below the market average67.79% below the market average67.79% below the market average67.79% below the market average67.79% below the market average
33.87% below the sector average33.87% below the sector average33.87% below the sector average33.87% below the sector average33.87% below the sector average
Income
65.81% below the market average65.81% below the market average65.81% below the market average65.81% below the market average65.81% below the market average
73.91% below the sector average73.91% below the sector average73.91% below the sector average73.91% below the sector average73.91% below the sector average
Growth
29.7% below the market average29.7% below the market average29.7% below the market average29.7% below the market average29.7% 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 4
Buy 0
Neutral 9
Sell 0
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 08-Aug-19 25-Apr-19
Paid 06-Sep-19 24-May-19
Amount 2.60¢ 16.70¢

Trades for 19-Nov-2019

Time Volume / Share Price
16:35 355,629 @ 627.00p
16:29 353 @ 623.60p
16:29 340 @ 623.80p
16:29 143 @ 623.80p
16:29 2 @ 624.00p

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