Fresnillo production continues in line with forecasts

27th Jul 2022 08:14

(Sharecast News) - Fresnillo reported attributable silver production of 14.4 million ounces in its second quarter on Wednesday, up 8.1% from the first quarter thanks to a higher volume of ore processed and higher ore grades at Fresnillo and Saucito, and a higher ore grade at San Julián disseminated ore body (DOB).

Read more

Sector movers: Autos and Parts, Miners pace losses in nearly flat day on the FTSE 350

11th Jul 2022 13:57

(Sharecast News) - Autos&Parts and Travel Leisure paced losses in a down day for the FTSE 350 as the war in Ukraine dragged into its 138th day amid reports in recent days that Moscow had begun to mobilise reservists.

Read more

Fresnillo maintains guidance after mixed first quarter

27th Apr 2022 08:11

(Sharecast News) - Precious metals miner Fresnillo reported attributable silver production of 13.3 million ounces including Silverstream in its first quarter on Wednesday, up 2.8% over the last quarter of 2021.

Read more

Fresnillo FY profits, revenue rise amid higher silver prices

8th Mar 2022 07:39

(Sharecast News) - Precious metals miner Fresnillo posted a jump in full-year profit and revenue on Tuesday, thanks in part to higher silver prices, but struck a cautious note on the outlook.

Read more

RBC Capital downgrades Fresnillo, slashes price target

27th Jan 2022 10:45

(Sharecast News) - RBC Capital Markets downgraded precious metals miner Fresnillo on Thursday to 'sector perform' from 'outperform' and slashed the price target to 575p from 1,025p.

Read more

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 more

Fresnillo 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 more

Fresnillo 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 more

Citi 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 more

Fresnillo 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 more

Thursday 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 more

Fresnillo 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 more

Monday 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 more

RBC 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 more

Friday broker round-up

9th Jul 2021 14:40

(Sharecast News) - Burberry: Goldman Sachs upgrades to buy with a target price of 2,475p.

Read more