Fresnillo 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.

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Fresnillo 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.

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Fresnillo 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.

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BofA 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.

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Friday broker round-up

17th Apr 2020 13:45

(Sharecast News) - Ferguson: Credit Suisse upgrades to neutral with a target price of 6,181p.

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FTSE 100 movers: Insurers, precious metals miners pace gains

9th Apr 2020 20:31

(Sharecast News) - Insurers' shares paced the market advance at the end of the holiday-shortened week, benefiting from the general 'risk-on' environment and positive analyst chatter.

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FTSE 100 risers: Oil majors, insurers power 'bear market' rally

24th Mar 2020 16:24

(Sharecast News) - Shares of oil majors BP and Royal Dutch Shell powered Tuesday's bear market rally on the Footsie, alongside big advances for insurers and some beaten down travel stocks.

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FTSE 250 movers: Finablr wacked on account of NMC, Premier Oil lower

10th Mar 2020 14:53

(Sharecast News) - Payments and foreign exchange platform Finablr was the worst performer on the second-tier index after UAE-focused hospital operator, NMC Health, disclosed, shortly before the close of trading, that its debt pile was nearer the $5bn mark and not the $2.1bn that it reported on 30 June 2019.

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Kingfisher, TUI and NMC Health drop out of FTSE 100

5th Mar 2020 11:14

(Sharecast News) - Kingfisher, TUI and NMC Health have dropped out of the FTSE 100 in the index's quarterly reshuffle.

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Fresnillo FY profits slump on lower grades, production

3rd Mar 2020 07:46

(Sharecast News) - Miner Fresnillo reported a plunge in full year profits on Tuesday due to lower ore grades and a slowdown in production at its Noche Buena mine in Mexico.

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Fresnillo says Juanicipio JV to start ahead of schedule

24th Feb 2020 07:28

(Sharecast News) - Precious metals miner Fresnillo said its $395m Juanicipio silver/gold joint venture in Mexico would now start ahead of schedule but reported a rise in equipment purchases and construction contract costs.

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Fresnillo reports lower annual gold, silver production

29th Jan 2020 07:03

(Sharecast News) - Miner Fresnillo reported a year-on-year fall in gold and silver production on the back of expected lower grades from its operations.

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FTSE 100 movers: Evraz drops, Fresnillo climbs

3rd Dec 2019 14:02

(Sharecast News) - London's FTSE 100 was lower by 1.72% at 7,160.65 in afternoon trade on Tuesday, with Evraz leading the index downward.

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Fresnillo narrows 2019 production guidance

2nd Dec 2019 08:00

(Sharecast News) - Fresnillo narrowed its 2019 outlook to around 885,000 ounces of gold and 55 million ounces of silver, it announced on Monday, with both figures remaining within its stated guidance.

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Thursday broker round-up

14th Nov 2019 13:10

(Sharecast News) - Tullow Oil: Jefferies downgrades to hold with a target price of 168p.

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