Fresnillo Stock News

Fresnillo PLC (LSE:FRES) retained 'hold' ratings from Peel Hunt and Jefferies after third-quarter production came broadly in line with expectations and the miner maintained its 2026 guidance. Peel Hunt kept its 3,647p price target, noting that attributable silver production fell 12% year on year to 10 million ounces as lower grades at Juanicipio, Saucito and San Julián and the end of the Silver...

Fresnillo PLC (LSE:FRES) maintained its 2026 production guidance after third-quarter silver output fell 12% year on year and gold production declined 11% as lower ore grades and reduced processing volumes weighed on several mines. The FTSE 100 miner produced 10 million ounces of silver during the quarter, down 6% from the second quarter, while gold production fell 13% sequentially to 135,000 ou...

Fresnillo PLC (LSE:FRES) and Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) shares moved lower on Tuesday as London-listed gold producers responded to bullion's retreat during the UK bank holiday weekend. Fresnillo fell 3% to 3,075p shortly after the opening bell, making it one of the FTSE 100's biggest fallers.

Precious metals strengthened on Friday, lifting London-listed miners Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) and Fresnillo PLC (LSE:FRES) towards the top of the FTSE 100 gainers. Endeavour Mining advanced 2.26% to 4,846p, while gold and silver producer Fresnillo gained 1.83% to 3,228p.

Fresnillo PLC (LSE:FRES) has fallen behind its precious metals mining peers this year, and JP Morgan thinks the market has stopped paying attention at precisely the wrong moment. The bank kept its 'overweight' rating and 4,700p target price after Wednesday's half-year results, implying roughly 70% upside.

Mining stocks led the FTSE 100 higher, with Fresnillo PLC (LSE:FRES) out in front on a 5% gain. The Mexican precious metals producer is enjoying follow-through buying after Tuesday's interim results, which beat expectations on higher volumes and lower-than-forecast operating costs, with gross profits more than doubling year on year.

Jefferies has described Fresnillo PLC's (LSE:FRES) first-half results as a clean beat across the board, with earnings, cash flow and sales volumes all coming in ahead of forecasts and capital spending guidance cut sharply. The Mexican precious metals producer reported earnings per share of $1.75, against the broker's $1.45 estimate and consensus of $1.66.