UBS upgrades 'inexpensive' Fresnillo to 'buy'

25th Jan 2019 12:40

(Sharecast News) - Analysts at UBS upgraded Mexican-based precious metals mining company Fresnillo to 'buy' on Friday, noting the firm was "as inexpensive as it has been for a number of years".

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Fresnillo reports record silver production in 'challenging' year

23rd Jan 2019 07:26

(Sharecast News) - Miner Fresnillo reported record annual silver production of 61.8m ounces, up 5.3% mainly due to the first full year of operations at the San Julián operation.

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Fresnillo ropes in Andre Sougarret Larroquete as its new COO

9th Jan 2019 07:40

(Sharecast News) - Fresnillo confirmed the appointment of André Sougarret Larroquete as its new chief operating officer on Wednesday, to oversee the safe and efficient running of its existing mines.

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Morgan Stanley downgrades Fresnillo on Mexico uncertainty

22nd Nov 2018 12:18

(Sharecast News) - Precious metals miner Fresnillo slumped on Thursday as Morgan Stanley cut its stance on the stock to 'underweight' from 'equalweight' and slashed the price target to 715p from 1,100p citing uncertainty about proposed mining legislation in Mexico.

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Friday broker round-up

26th Oct 2018 12:16

(Sharecast News) - Polypipe: Numis upgrades to buy with a target price of 450p.

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Fresnillo expects to produce more gold and less silver after third quarter

24th Oct 2018 07:21

(Sharecast News) - Fresnillo issued its production reports for the third quarter ended 30 September on Wednesday, reporting a 6.3% improvement in silver production to 15.5 moz including Silverstream.

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Sector movers: Gold miners gleam and utilities remain solid amid sell-off

11th Oct 2018 12:49

(Sharecast News) - With most sectors in the red, those still dotted with green were standing out, led by the grocery, telecoms and paper sectors.

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Thursday broker round-up

27th Sep 2018 12:14

(Sharecast News) - Thomas Cook Group: UBS upgrades to neutral with a target price of 60p.

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Tuesday broker round-up

31st Jul 2018 13:26

(Sharecast News) - Abcam: Berenberg upgrades to buy with a target price of 1,640p.

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Fresnillo bumps up gold production targets after first half

31st Jul 2018 08:20

(Sharecast News) - Fresnillo issued its interim results for the six months ended 30 June on Tuesday, reporting an 11.3% improvement in adjusted revenue to $1.19bn.

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Thursday broker round-up

26th Jul 2018 13:01

(Sharecast News) - Beazley: Berenberg upgrades to buy with a target price of 640p.

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Fresnillo Q2 silver production gets boost from San Julian

25th Jul 2018 07:33

(Sharecast News) - Fresnillo said second quarter silver production rose 5.7% to 15.34m ounces, including Silverstream, mainly due to the start up of operations at San Julian.

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Commodities: Crude shrugs off US inventories rise to soar as gasoline stocks fall

9th Feb 2017 15:51

(ShareCast News) - Crude-oil futures soared ahead on Thursday amid overall cautious trade after shrugging off the sell-off it experienced earlier this week on the back of hefty rises in US inventories. At 15:16 GMT, Nymex-priced West Texas Intermediate crude was up 1.26% to $53.00 a barrel, followed

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Wednesday broker round-up

8th Feb 2017 11:50

(ShareCast News) - RBS: Deutsche Bank upgrades to hold with a target price of 220p. DCC: JP Morgan reiterates overweight, 8160p target. Rolls Royce: JP Morgan reiterates neutral with a 740p target. Ascential: Deutsche Bank stays at buy with a 300p target. Aberdeen Asset Management: RBC upgrades t

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Sector movers: Aerospace & Defence, Mining lead gains

7th Feb 2017 14:41

(ShareCast News) - Strength in the US dollar helped drive gains in Aerospace&Defence. In remarks on Monday evening, the president of the US federal reserve bank of Philadelphia, Patrick Harker, reiterated his support for three interest rate hikes over the course of 2017. Indeed, in his opinion a fi

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