Fresnillo shares slump on production warning
26th Jan 2022 07:40
(Sharecast News) - Shares in Fresnillo slumped on Wednesday as the gold and silver miner forecast a bigger-than-expected hit to 2022 production due to the Covid Omicron variant and new Mexican labour laws.
Read moreFresnillo Juanicipio mill commissioning delayed by six months
29th Dec 2021 07:13
(Sharecast News) - Mill commissioning at Fresnillo's Juanicipio joint venture in Mexico has been delayed by six months after the state electricity company said it could not give the go-ahead for connection to the national power grid due to the Covid-19 pandemic.
Read moreFresnillo Q3 production falls; Warns on labour shortages, inflation
27th Oct 2021 07:27
(Sharecast News) - Mining company Fresnillo reported lower silver and flat gold production in the third-quarter as it warned of the impact of labour shortages and inflationary pressures.
Read moreCiti sticks with 'short gold' as appropriate pain trade over medium-term
23rd Oct 2021 20:07
(Sharecast News) - Analysts at Citi still think short gold is the appropriate 'pain trade' over the medium-term, despite "tangible" upside risks to their fourth quarter 2021 average spot price forecast of $1,700/oz..
Read moreFresnillo dividend jumps as earnings rise
3rd Aug 2021 07:44
(Sharecast News) - Fresnillo announced a jump in its interim dividend as the precious metals miner reported earnings up 59% in the first half supported by higher prices.
Read moreThursday broker round-up
29th Jul 2021 16:28
(Sharecast News) - Wizz Air: HSBC downgrades to 'reduce' and lowers target price from 4,500.0p to 4,100.0p; JP Morgan keeps at 'overweight' and marks up target from 5,350.0p to 5,800.0p.
Read moreFresnillo on track to meet FY targets following improved Q2 silver production levels
28th Jul 2021 08:25
(Sharecast News) - Precious metals miner Fresnillo said on Wednesday that it remains on track to meet full-year targets and that its production guidance for 2021 was unchanged.
Read moreMonday broker round-up
19th Jul 2021 13:40
(Sharecast News) - BP: Morgan Stanley stays at 'underweight' and revises target price from 285.0p to 305.0p.
Read moreRBC Capital upgrades Fresnillo to 'outperform'
19th Jul 2021 08:58
(Sharecast News) - RBC Capital Markets upgraded its stance on shares of Fresnillo to 'outperform' from 'sector perform' as it argued that after weak first-quarter silver production and lower guidance, market expectations "seem to have been largely reset".
Read moreFriday broker round-up
9th Jul 2021 14:40
(Sharecast News) - Burberry: Goldman Sachs upgrades to buy with a target price of 2,475p.
Read moreFresnillo optimistic as outlook improves
24th Jun 2021 07:04
(Sharecast News) - Fresnillo said production had stabilised and the outlook was improving after Covid-19 disrupted its operations in the previous financial year.
Read moreFresnillo reports in-line Q1 trading, reiterates full-year guidance
28th Apr 2021 07:06
(Sharecast News) - Precious metals miner Fresnillo announced in-line first quarter production of gold and silver and reiterated its full-year guidance.
Read moreResource nationalism surges in 2020 as side effect of Covid-19
5th Mar 2021 09:41
(Sharecast News) - In 2020, 34 countries have witnessed a significant increase in the nationalisation of natural resources as a side effect of Covid-19, revealed the latest report by Verisk Maplecroft published late on Thursday.
Read moreHigher prices boost Fresnillo, despite Covid-19 impact
2nd Mar 2021 07:41
(Sharecast News) - Blue chip silver miner Fresnillo reported a jump full-year profits and revenues on Tuesday, supported by higher prices for precious metals, but remained cautious looking forward.
Read moreFresnillo shares jump on the back of surge in silver futures
1st Feb 2021 15:03
(Sharecast News) - Silver futures surged at the start of the week as retail investors shifted their sights from small-cap stocks towards to precious metal, boosting stock in Fresnillo.
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