Fresnillo (FRES)

Sector:

Mining

Index:

FTSE 250

685.20p
   
  • Change Today:
    -23.20p
  • 52 Week High: 921.20
  • 52 Week Low: 539.60
  • Currency: UK Pounds
  • Shares Issued: 736.89m
  • Volume: 1,406,732
  • Market Cap: £5,049m

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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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Fresnillo Market Data

Currency UK Pounds
Share Price 685.20p
Change Today -23.20p
% Change -3.28 %
52 Week High 921.20
52 Week Low 539.60
Volume 1,406,732
Shares Issued 736.89m
Market Cap £5,049m

Fresnillo Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.25% below the market average67.25% below the market average67.25% below the market average67.25% below the market average67.25% below the market average
94.74% below the sector average94.74% below the sector average94.74% below the sector average94.74% below the sector average94.74% below the sector average
Price Trend
48.46% below the market average48.46% below the market average48.46% below the market average48.46% below the market average48.46% below the market average
12% below the sector average12% below the sector average12% below the sector average12% below the sector average12% below the sector average
Income
78.38% below the market average78.38% below the market average78.38% below the market average78.38% below the market average78.38% below the market average
90.91% below the sector average90.91% below the sector average90.91% below the sector average90.91% below the sector average90.91% below the sector average
Growth
26.17% below the market average26.17% below the market average26.17% below the market average26.17% below the market average26.17% below the market average
66.1% below the sector average66.1% below the sector average66.1% below the sector average66.1% below the sector average66.1% below the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 11
Sell 0
Strong Sell 1
Total 16
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 27-Feb-2020

Time Volume / Share Price
16:35 333,930 @ 685.20p
16:29 185 @ 690.60p
16:29 12 @ 690.60p
16:29 115 @ 689.86p
16:29 250 @ 689.80p

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