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Fresnillo Plc (FRES) Share Price

FRES Fresnillo Plc

610.00

8.50 (1.41%)

18 Apr 2024 - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Fresnillo Plc	LSE:FRES	London	Ordinary Share	GB00B2QPKJ12	ORD USD0.50

	Price Change	% Change	Share Price	Shares Traded	Last Trade
	8.50	1.41%	610.00	1,542,321	16:35:04

Bid Price		Offer Price	High Price	Low Price	Open Price
607.50		608.00	611.50	590.50	606.00

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Silver Ores	USD 2.74B	USD 233.91M	USD 0.3174	19.14	4.48B

Last Trade Time	Trade Type	Trade Size	Trade Price	Currency
18:28:46	O	9,600	609.132	GBX

Related Shares
Bhp (BHP), Rio Tinto (RIO), Shefa Gems (SEFA), Pembridge Resources (PERE)

Fresnillo (FRES) Latest News

Fresnillo News

Date	Time	Source	Headline
09/4/2024	12:25	ALNC	IN THE KNOW: Bank of America sees gold at USD3,000; upgrades Fresnillo
28/3/2024	17:40	UK RNS	Fresnillo PLC Board changes
05/3/2024	13:11	ALNC	CORRECT: Fresnillo revenue up but dividend down after drop in profits
05/3/2024	12:50	ALNC	IN THE KNOW: Fresnillo "running to stand still" given higher cost base
05/3/2024	12:37	UK RNS	Fresnillo PLC Board and Committee Changes
05/3/2024	09:54	ALNC	TOP NEWS: Fresnillo revenue up but dividend axed after drop in profits
05/3/2024	07:39	UK RNS	Fresnillo PLC FY23 Preliminary Results
04/3/2024	11:34	ALNC	EARNINGS PREVIEW: Fresnillo reports amid share price fall on Fed fear
04/3/2024	11:29	ALNC	IN THE KNOW: Fresnillo supported by upgrade, rising metal prices
24/1/2024	15:23	UKREG	Fresnillo PLC Replacement RNS for 4Q23 Production Report

More Fresnillo News

Fresnillo Investors Fresnillo Takeover Rumours

Fresnillo (FRES) Discussions and Chat

Fresnillo Forums and Chat

Date	Time	Title	Posts
18/4/2024	23:19	FRESNILLO precious metals	20,235
23/2/2024	12:37	Fresnillo - With PM Charts	67
29/8/2019	12:59	Number works	3
20/6/2019	11:50	Fresnillo - 2018 and beyong	10
11/4/2019	13:29	Darren Sindendiscusses Fresnillo on Tip TV	2

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Fresnillo (FRES) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
2024-04-18 17:28:47	609.13	9,600	58,476.67	O
2024-04-18 17:14:54	603.00	1,097	6,614.91	O
2024-04-18 17:14:37	603.59	24,011	144,927.27	O
2024-04-18 17:10:29	603.77	36,702	221,596.40	O
2024-04-18 17:09:50	604.97	11,476	69,426.24	O

View all Fresnillo trades in real-time

Fresnillo (FRES) Top Chat Posts

Top Posts
Posted at 18/4/2024 09:20 by Fresnillo Daily Update Fresnillo Plc is listed in the Silver Ores sector of the London Stock Exchange with ticker FRES. The last closing price for Fresnillo was 601.50p. Fresnillo currently has 736,893,589 shares in issue. The market capitalisation of Fresnillo is £4,476,628,553. Fresnillo has a price to earnings ratio (PE ratio) of 19.14. This morning FRES shares opened at 606p Read Full Thread Reply
Posted at 16/4/2024 18:57 by wallywoo If look at the share price chart, you will see that 600p is a major support and resistance level for Fres. With the current gold and silver markets, I am sure that fres will fly higher sometime soon. But a little patience is needed. Read Full Thread Reply
Posted at 16/4/2024 15:09 by aleman Silver matched its 2-year closing high of MXN483 a few moments ago. FRES is not following the silver price today, though it is rather volatile. Currently MXN478, which is the same as this morning and +14 over two day. There seems to be some panic selling of FRES rather than rational analysis - or maybe I'm missing something. Gold , currently at MXN40451, will be a new 2-year high if it holds. The peso has fallen another 1% versus the USD since the chart I posted this morning, to add to a whole week of falls, which should greatly enhance margins if it sticks. Maybe FRES will rise when the general market panic selling stops. Read Full Thread Reply
Posted at 15/4/2024 22:57 by kennyp52 Just proving yourself to be the idiot you are chestnuts .. small shareholders selling out that were bought up , apparently , by your hedge fund mates that you were saying guaranteed the sale would not go through. Why lie ? You can’t change your posts . Want me to put a few up .. show people what a liar you are ? You had an agenda there and disappeared .. lot of people over there asking after you .. why not go back on there and post what you just posted here ? I am sure you will be welcomed e.g. chestnuts - 08 Mar 2024 - 17:01:59 - 1751 of 2238 SHANTA GOLD- The focus is East Africa - SHG Kenny I know that hedge funds dont add to there position at the buyout price especially in the quantity they have been, and as i have said they after a much higher price , and the fact that they bought in for most of the holdings at a much lower price and the fact we are in a gold bull market and they bought in in the first place because of this, so not really interested in selling, as they have told me this. And now they know that the bid as failed and they want over 18p but gold as risen by 10% since and this will have pushed shanta buying out price much higher. And yes 24p is feasible and its still cheap. So whilst I took the view Shanta could not be trusted and if the bid did not go through the Sp was in serious risk of a run .. this idiot was ramping it to 24p which , if anyone listened and stayed in , they missed the opportunity to move into other precious metal miners .. such as Fres .. and have missed out on significant gains . In the end chestnuts was wrong on all fronts and tried to mislead investors.. for what end I don’t know for sure but he reckoned he hung on to his shares .. hmmm .. really ? Read Full Thread Reply
Posted at 15/4/2024 09:54 by lageraemia Interesting tweet about how the lack of US lisiting might be hurting the FRES share price: Read Full Thread Reply
Posted at 13/4/2024 11:43 by aleman Price spikes and maybe a miner decides to hedge significant production at a very profitable price. It might not be that but that would not be fishy. Silver closed at MXN464, up MXN10 on the week. Gold on the week was MXN39,020 from 38,337. FRES still looks undervalued if these prices stick but some short-term profit taking is always going to be likely after such a spike. Expect a little consolidation around 590-620p unless prices drop further? £7+ still looks like the short to medium target if prices hold. Read Full Thread Reply
Posted at 12/4/2024 08:45 by andyc100 Would expect a continuous rerating in the FRES share price over the next year if these gold/ silver prices continue to hold. Profits will have doubled without any increase in volumes just based on current prices. Read Full Thread Reply
Posted at 09/4/2024 06:53 by kennyp52 mr number9 - 20 Mar 2024 - 13:39:53 - 19727 of 20044 FRESNILLO precious metals - FRES Going Bust. I like the sound of that. I've increased my short!! mr number9 - 20 Mar 2024 - 12:54:57 - 19725 of 20044 FRESNILLO precious metals - FRES This company looks like it may be finished. You could say.....it's over. The use of “it’s over” and posting on the same boards gives you away Lodgeview. You are serious deluded and in need of psychological counselling. This is a 🐂 .. and it’s what is going on at the moment . You don’t short a 🐂 .. you get steam rollered . Fool 🤣 Read Full Thread Reply
Posted at 08/4/2024 21:48 by kennyp52 You are suffering from delusion .. you are Lodgeview mr number9 .. you need help. One only has to review the posts to see where you were claiming to be shorting .. no proof needed .. it’s there .. black and white . Made yourself look a right idiot. Why did you come off Petrofac’s board ? You do the same there ? 🤯 lodgeview - 15 Mar 2024 - 12:42:15 - 19665 of 20041 FRESNILLO precious metals - FRES I'm now up to 150 quid per point SHORT. lodgeview - 15 Mar 2024 - 12:17:59 - 19664 of 20041 FRESNILLO precious metals - FRES Added to my short. It will collapse. It's an awful share. 🤣🤣🤣🤣9315;🤣ԍ15;🤣🤣;🤣🤣🤣🤣29315;🤣315;🤣㊃5;🤣🤣🤣🤣🤣🤣9315;🤣ԍ15; Read Full Thread Reply
Posted at 17/1/2024 09:03 by foreverbull Is the price fall due to this article in Nov? Https://simplywall.st/stocks/gb/materials/lse-fres/fresnillo-shares/news/fresnillo-plcs-lonfres-intrinsic-value-is-potentially-23-bel/ampFresnillo plc's (LON:FRES) Intrinsic Value Is Potentially 23% Below Its Share PriceSimply Wall StNovember 29, 2023LSE:FRESKey InsightsFresnillo's estimated fair value is UK£4.32 based on 2 Stage Free Cash Flow to EquityFresnillo's UK£5.59 share price signals that it might be 30% overvaluedOur fair value estimate is 35% lower than Fresnillo's analyst price target of US$6.65How far off is Fresnillo plc (LON:FRES) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by taking the expected future cash flows and discounting them to today's value. Our analysis will employ the Discounted Cash Flow (DCF) model. Don't get put off by the jargon, the math behind it is actually quite straightforward.Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model.Check out our latest analysis for FresnilloThe ModelWe're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years.Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value:10-year free cash flow (FCF) estimate2024 2025 2026 2027 2028 2029 2030 2031 2032 2033Levered FCF ($, Millions) US$329.0m US$354.0m US$372.3m US$387.5m US$400.4m US$411.5m US$421.3m US$430.3m US$438.7m US$446.7mGrowth Rate Estimate Source Analyst x4 Analyst x4 Est @ 5.18% Est @ 4.08% Est @ 3.31% Est @ 2.77% Est @ 2.40% Est @ 2.13% Est @ 1.95% Est @ 1.82%Present Value ($, Millions) Discounted @ 11% US$297 US$288 US$273 US$257 US$239 US$222 US$205 US$189 US$174 US$160("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = US$2.3bThe second stage is also known as Terminal Value, this is the business's cash flow after the first stage. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 1.5%. We discount the terminal cash flows to today's value at a cost of equity of 11%.Terminal Value (TV)= FCF2033 × (1 + g) ÷ (r g) = US$447m× (1 + 1.5%) ÷ (11% 1.5%) = US$4.9bPresent Value of Terminal Value (PVTV)= TV / (1 + r)10= US$4.9b÷ ( 1 + 11%)10= US$1.7bThe total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is US$4.0b. In the final step we divide the equity value by the number of shares outstanding. Relative to the current share price of UK£5.6, the company appears slightly overvalued at the time of writing. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind.LSE:FRES Discounted Cash Flow November 29th 2023Important AssumptionsThe calculation above is very dependent on two assumptions. The first is the discount rate and the other is the cash flows. If you don't agree with these result, have a go at the calculation yourself and play with the assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Fresnillo as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 11%, which is based on a levered beta of 1.181. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.SWOT Analysis for FresnilloStrengthDebt is not viewed as a risk.WeaknessEarnings declined over the past year.Dividend is low compared to the top 25% of dividend payers in the Metals and Mining market.Expensive based on P/E ratio and estimated fair value.OpportunityAnnual earnings are forecast to grow faster than the British market.ThreatPaying a dividend but company has no free cash flows.Annual revenue is forecast to grow slower than the British market.Moving On:Whilst important, the DCF calculation is only one of many factors that you need to assess for a company. DCF models are not the be-all and end-all of investment valuation. Rather it should be seen as a guide to "what assumptions need to be true for this stock to be under/overvalued?" For example, changes in the company's cost of equity or the risk free rate can significantly impact the valuation. Why is the intrinsic value lower than the current share price? For Fresnillo, there are three essential items you should consider:Risks: For instance, we've identified 1 warning sign for Fresnillo that you should be aware of.Future Earnings: How does FRES's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart.Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing!PS. Simply Wall St updates its DCF calculation for every British stock every day, so if you want to find the intrinsic value of any other stock just search here.Valuation is complex, but we're helping make it simple.Find out whether Fresnillo is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health. Read Full Thread Reply
Posted at 30/12/2023 12:03 by 1knocker The industrial demand for silver looks set to outstrip supply for a quite a while, especially if copper production remains relatively subdued as significant amounts of silver are produced as a copper by-product. Supply demand imbalance should push up the price, though it will also of course make recovery of silver for recycling more economic. Mining is growing relatively less important to the Mexican economy as manufacturing for the US market increases. That also pushes up mining wage costs. I have a nasty suspicion that even if silver prices rise significantly, FRES will continue to flounder. I hope for an initial spike in the FRES price if silver does move up significantly, so as to give me a decent exit. FRES is a holding I am looking to cull, not to increase. Read Full Thread Reply

Fresnillo share price data is direct from the London Stock Exchange

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