Silver surges as retail traders target short sellers
1st Feb 2021 09:22
(Sharecast News) - The price of silver surged on Monday as retail traders switched their attention to the precious metal after attacking short sellers of GameStop.
Read moreFresnillo appoints Guillermo Gastélum as VP of Exploration
22nd Dec 2020 09:51
(Sharecast News) - Precious metals miner Fresnillo has appointed Guillermo Gastélum as vice president of Exploration with effect from 1st January 2021.
Read moreThursday broker round-up
17th Dec 2020 13:13
(Sharecast News) - Yellow Cake: Berenberg reiterates buy with a target price of 300p.
Read moreFresnillo appoints Tomas Iturriaga as COO
19th Nov 2020 15:42
(Sharecast News) - Fresnillo has appointed Tomás Iturriaga as its chief operating officer with immediate effect.
Read moreCiti predicts rebound for European miners
4th Nov 2020 11:23
(Sharecast News) - Citi named Anglo American, Rio Tinto and Polymetal International as its top metals and mining picks as the bank predicted earnings recovery and higher dividends for the sector.
Read moreFriday broker round-up
23rd Oct 2020 13:54
(Sharecast News) - Kainos Group: Berenberg upgrades to buy with a target price of 1,480p.
Read moreFresnillo cuts FY gold production guidance
21st Oct 2020 07:59
(Sharecast News) - South American miner Fresnillo cut full year gold production guidance due to coronavirus-related disruption and lower ore grades.
Read moreBofA sees gold hitting $3,000/oz., silver at $50/oz.
5th Aug 2020 11:34
(Sharecast News) - Strategists at Bank of America hiked their 18-month target for gold futures from $2,000/oz. to $3,000/oz. as governments continue to act to mend the damage from Covid-19, backstopped by central banks.
Read moreWednesday broker round-up
29th Jul 2020 13:29
(Sharecast News) - Sanne: RBC Capital Markets reiterates sector performer with a target price of 600.0p.
Read morePeso-dollar movement puts dent in Fresnillo profits
28th Jul 2020 07:33
(Sharecast News) - Fresnillo reported gross profit of $321.2m (£249.75m) in its first half on Tuesday, up 56.3%, which included a $65.1m benefit from the reassessment of the recoverable gold inventories on the leaching pads at Herradura, although a shift in the value of the Mexican peso dented its overall profitability.
Read moreFresnillo shares surge as the price of silver jumps
22nd Jul 2020 14:23
(Sharecast News) - Shares of precious metals miners were flying on Wednesday as the US dollar weakened and, arguably, as investors sought out safe havens in the wake of another flare-up in US-China diplomatic tensions.
Read moreFresnillo lowers gold production guidance amid Covid restrictions
22nd Jul 2020 07:41
(Sharecast News) - Fresnillo reported a 2.8% quarter-on-quarter improvement in silver production for its second quarter on Wednesday, to 13.6 million ounces, although year-on-year production was down 5.7%, while it also lowered its gold production guidance for the year amid the Covid crisis.
Read moreFresnillo reports lower gold and silver production
29th Apr 2020 08:19
(Sharecast News) - Fresnillo said it would keep production guidance under review during the Covid-19 crisis as the precious metals miner reported lower output of gold and silver in the first quarter.
Read moreBofA hikes target for gold 18 months ahead by half
21st Apr 2020 12:10
(Sharecast News) - Strategists at Bank of America hiked their target for gold prices in 18 months' time by half in anticipation of central banks and governments doubling the size of their balance sheets and fiscal deficits, respectively.
Read moreFriday broker round-up
17th Apr 2020 13:45
(Sharecast News) - Ferguson: Credit Suisse upgrades to neutral with a target price of 6,181p.
Read more