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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Fresnillo | FRES | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 2.50 | 0.38% | 657.00 | 13:41:39 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 660.50 | 654.00 | 662.50 | 654.50 |
| Industry Sector |
|---|
| MINING |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 19/04/2023 | Interim | GBP | 0.011058 | 10/08/2023 | 11/08/2023 | 14/09/2023 |
| 07/03/2023 | Final | GBP | 0.106758 | 27/04/2023 | 28/04/2023 | 26/05/2023 |
| 14/04/2022 | Interim | GBP | 0.028143 | 11/08/2022 | 12/08/2022 | 14/09/2022 |
| 08/03/2022 | Final | GBP | 0.191786 | 28/04/2022 | 29/04/2022 | 27/05/2022 |
| 22/04/2021 | Interim | GBP | 0.071442 | 12/08/2021 | 13/08/2021 | 15/09/2021 |
| 02/03/2021 | Final | GBP | 0.165957 | 22/04/2021 | 23/04/2021 | 30/06/2021 |
| 28/07/2020 | Interim | GBP | 0.017569 | 06/08/2020 | 07/08/2020 | 16/09/2020 |
| 03/03/2020 | Final | GBP | 0.095853 | 23/04/2020 | 24/04/2020 | 02/06/2020 |
| Top Posts |
|---|
Posted at 24/10/2024 11:58 by book5 From 2020Fresnillo reported a strong financial performance with US$2,608.1 million in Adjusted Revenue in 2020, an increase of 14.9% on 2019 due mainly to better precious metals prices. Gross profit rose by 90.5% to US$879.4 million, driven by a combination of higher prices and lower costs. We declared an interim dividend of 2.3 US cents per share, with a final dividend of 23.5 US cents per share, bringing the total for the year to 25.8 US cents per share. |
Posted at 23/10/2024 10:17 by martinmc123 4*Fresnillo delivered another strong production quarter in Q3. Quarterly attributable and YTD silver production (including Silverstream) increased 2.4% and 1.2% vs. 3Q23 and YTD23 respectively, mainly due to the higher ore grades and volume of ore processed at Saucito and San Julián Veins. Quarterly attributable gold production increased 18.2% vs. 3Q23 primarily due to the increased volume of ore processed at Herradura and, to lesser extent, higher ore grade at Fresnillo and San Julián Veins and increased volum...from WealthOracle wealthoracle.co.uk/d |
Posted at 20/10/2024 15:25 by trader465 If Fresnillo PLC has an historic P/E ratio of 22 and is making $2b a year with 736m shares in issue what would the price per share be in UK pounds? And given the dividend policy to return 33-50% in dividends how much per share would the dividend be?To calculate the price per share and dividend, let’s break it down step by step. Step 1: Calculate Earnings Per Share (EPS) The earnings per share (EPS) is calculated by dividing the total earnings by the number of shares in issue: EPS = rac{{ ext{{Total Earnings}}}}{{ ext{{Number of Shares}}}} Given: • Total earnings = $2 billion • Number of shares = 736 million EPS = rac{{2,000,000,000}} Step 2: Calculate Price per Share (P/E ratio) The price per share (P) is calculated by multiplying the P/E ratio by the EPS: P = ext{P/E ratio} imes ext{EPS} Given a historic P/E ratio of 22: P = 22 imes 2.72 = 59.84 , ext{USD per share} Step 3: Convert to UK Pounds Assuming an exchange rate of 1 USD = 0.82 GBP (this can fluctuate), the price per share in GBP would be: P_{ ext{GBP}} = 59.84 imes 0.82 = 49.07 , ext{GBP per share} Step 4: Calculate Dividend per Share The dividend per share (DPS) is based on the company’s policy to return 33-50% of earnings to shareholders. We can calculate the range: • Lower bound (33% of earnings): DPS_{ ext{lower}} = 0.33 imes 2.72 = 0.90 , ext{USD per share} • Upper bound (50% of earnings): DPS_{ ext{upper}} = 0.50 imes 2.72 = 1.36 , ext{USD per share} In GBP, this would be: • Lower bound: 0.90 imes 0.82 = 0.74 , ext{GBP per share} • Upper bound: 1.36 imes 0.82 = 1.12 , ext{GBP per share} Summary: • Price per share: £49.07 • Dividend per share: Between £0.74 and £1.12 depending on the payout ratio. |
Posted at 19/10/2024 16:43 by trader465 There’s only two PM plays in the FTSE, FRES and EDVWhere’s my good friend Prat, he seems very quiet 🤣 Plat Hunter - 01 Oct 2024 - 12:50:03 - 21008 of 21140 FRESNILLO precious metals - FRES Out again, this has failed the breakout attempt and is now in bearish rsi divergence |
Posted at 19/10/2024 16:33 by trader465 If FRES hit $2b in profit, a P/E of just 10 would give a market cap of $20b (£15b) or £20 per share.And, don’t forget the dividend policy. “A total dividend of between 33-50 per cent of profit after tax is paid out each year in approximate proportion of one-third to be paid as an interim dividend, two-thirds to be paid as a final dividend” H124 saw a 357% increase in dividend in line with the policy. At $2b profit the dividend policy would pay out 75-112p per share. Mid point 93.5p. 2000p share price, 93.5p dividend gives a yield of 4.6% If the shares are bought and held from 700p the capital gain would be 185% and the 93.5p dividend would yield 13.3% |
Posted at 24/9/2024 16:03 by aleman wskill24 Sep '24 - 13:09 - 20943 of 20944 The Silver Institute released its 2024 World Silver Survey last week... ...The deficit was just over 142 million ounces. And the forecast for 2024 indicates that the annual production shortfall will nearly double to 265 million ounces. Your figures are correct but The World Silver Survey was released in mid-April. I quoted numbers from it in May. Aleman - 19 May 2024 - 12:48:36 - 20356 of 20945 FRESNILLO precious metals - FRES From World Silver Survey 2024 (Just Google it.) Year Supply Demand NetInvestment Total 2020 957.4 926.8 331.1 -300.5 2021 1004.3 1099.6 64.9 -160.3 2022 1015.4 1278.9 -125.8 -137.7 2023 1010.7 1195.0 -42.1 -142.2 2024F 1003.8 1219.1 +50.0 -263.3 The 5 years to 2024 sees a cumulative deficit of just over 1000 million ounces. Metal exchange bullion stores fell from 1700m ounces at start 2021 to 1200m ounces end 2023. This year's forecast of a bigger deficit suggests a bigger fall in bullion stores to under 1000m ounces so the excessive buffer of recent years is gone and market tightness and price ascension are expected before long. Some markets are starting to see tightness and futures that FRES will be selling forward into have recently been very strong. The Dec 2026 contract has jumped from $25.50 to $34.70 in the last 3 months after not doing a great deal for a couple of years. How much bullion stores exhaustion/price elevation will it take to bring supply and demand back into balance when there is a chunky 20% difference between them? |
Posted at 23/9/2024 23:23 by papillon free stock charts from uk.advfn.comHere's a 2 year FRES log chart. There are 2 Rectangular patterns. I've drawn parallel lines to highlight them. The 1st rectangular pattern (in H2 2023) was a consolidation/contin The 2nd Rectangle pattern is very recent, but again the FRES share price dropped below the rectangle. However the FRES share price didn't drop as far as the expected target and is now back in the rectangle. A rise above 635-640p (the upper limit of the rectangle) would be Bullish and probably the start of a new longer term uptrend. |
Posted at 19/9/2024 10:32 by infinity888 #FRES (Fresnillo)Ticker - LON: FRES Fresnillo is the largest benifit holder when Silver goes up. With a PE of 23 it has actual a Market Cap of £4.28B. Fresnillo PLC produce approx 60Moz of Silver a year (and additional 550Koz Gold). Every 1$ Silver Price up, would generate yearly 60M$ more contribution or £45M. After tax £27M. With the PE mentioned above its a whopping £600M in Market Cap for every 1$ higher silver price. Price prediction are similar to GOLD, they go up and we see 40$ really soon. Adding 10$ to the Silver price would move the Market Cap from £4B to £10B. Gold miner had a strong run and many moved up 60-100% since early 2024. Silver Miner will have now its run. Special Fresnillo where the Top10 shareholders own 90% of all shares. This is up to a Squeeze. Informed several American Investor communities today Maybe to consider to place some of your Portfolio in Silver Miner and specific into Fresnillo PLC. Good Luck as all and enjoy the ride upwards and forwards. |
Posted at 17/9/2024 07:48 by foreverbull Questor: We have a chequered past with this designer but its shake-up looks promisingRuss Mould16 September 2024 8:00pmThere can be no denying that this column has made an absolute bodge of Burberry, especially as June's trading alert leaves the shares trading at less than half of our entry point in next to no time.We are reluctant to cut and run with the shares trading at 15-year lows, not least as that would crystallise a nasty loss. Instead, we shall simply have to give the new management team under Joshua Schulman time to try and steady the firm's slumping fortunes.The cancellation of dividends, immediate departure of chief executive Jonathan Akeroyd, and the stock's ejection from the FTSE 100 in the latest quarterly reshuffle only confirm the extent of the company's plight.Demand in China is not recovering as quickly as hoped, the company's strategy to hike prices is backfiring and leaving it with unsold stock, and the discounting needed to shift that inventory only tarnishes Burberry's credentials as a luxury brand, where lofty pricing is one of the attractions to plutocratic would-be purchasers. An operating loss in the current quarter is by no means impossible.In sum, it is a mess, and one that Mr Schulman is being brought in to clean up, after stints at Coach, Jimmy Choo and Michael Kors. All we can say, at this point, is that nobody seems to believe Burberry is a luxury goods stock any more.The dividend cut also seems pragmatic under the circumstances. The balance sheet carries little debt, but it does bear £1.1bn in lease liabilities and those payments must be made whether Burberry is making money or not.The picture could hardly look less bleak, and that is at least something in Mr Schulman's favour. Expectations are very low as management looks to maximise the value of Burberry's heritage check design, perhaps by segmenting its target audience. Western luxury buyers seem to prefer stealth wealth and understatement, with logos and patterns discretely on view, if at all. However, the rapidly growing Indian and Middle East markets, whose potential must be tapped as China remains difficult, lean toward more statement pieces with clear, big logos much more prominently displayed. Ranges for both, using and adapting and displaying the checks to differing degrees, may be required.A fresh approach to, and greater emphasis on, candles, lotions and perfumes may also help. These are high-margin products which can appeal to aspirational buyers whose pockets are not quite so deep.There are unlikely to be any really quick fixes, but it is just as possible that the darkest hour is just before the dawn.Questor says: buyTicker: BRBYShare price: 586.8pUpdatesWe may have made a hash of Burberry but our last missive on gold miners was spot on. No sooner had we suggested that the bid by South Africa's Gold Fields for Canada's Osisko meant UK-listed gold diggers looked cheap than AngloGold Ashanti made a cash-and-stock offer for Centamin. Centamin's board has recommended the bid, so the offer price is not going up, unless a counterbidder tries to gatecrash. As such, it may make sense to take the money and run now to lock in a total return, including $0.33 a share in dividends, of almost 50pc.Not all UK-based investors may fancy owning a stake in South Africa-based and New York-listed AngloGold Ashanti. The structure of last week's proposal, whereby AngloGold is offering 0.06983 of its shares and 12.5 US cents in cash for every Centamin share (plus an already-declared 2.25 US cents dividend), would leave owners of Centamin with a stake of around 16pc in the buyer. If the AngloGold deal falls apart for any unexpected reason, investors can always return to Centamin anyway. In the meantime, the portfolio can retain exposure to gold via both the pure-play Resolute Mining and also Fresnillo, which produces gold alongside the silver that is the Mexican miner's primary focus. The precious metal continues to trade near all-time highs, but gold mining shares remain unloved, despite a number of merger and acquisition deals within the sector since the turn of the decade.The NYSE Arca Gold Bugs index, a basket of gold-diggers nicknamed the HUI, trades near all-time lows relative to the precious metal price. Resolute trades on around 1.6 times historic net asset value (NAV) per share compared to the 1.7 times multiple implied by the Centamin bid and the 1.8 times average rating currently afforded to the leading New York- and Toronto-listed miners.Questor says: Be firm and stay (with) Resolute hold.CentaminQuestor says: sellTicker: CEY Share price at close: 156pResolute MiningQuestor says: holdTicker: RSGShare price at close: 37.3pFrensillo Questor says: buyTicker: FRESShare price at close: 574pRead the latest Questor column on telegraph.co.uk every Sunday, Monday, Tuesday, Wednesday and Thursday from 8pmRead Questor's rules of investment before you follow our tips. |
Posted at 20/8/2024 11:39 by trader465 They just raised it in line with the policy.This interim dividend is higher than the previous period due to the increase in profit in 1H24, and remains in line with the Group's dividend policy Our dividend policy takes into account profitability of the business and underlying earnings, as well as the Group's capital requirements and cashflows, whilst maintaining an appropriate level of dividend cover. A total dividend of between 33-50 per cent of profit after tax is paid out each year in approximate proportion of one-third to be paid as an interim dividend, two-thirds to be paid as a final dividend. This gives us required flexibility to consider the underlying cyclical behaviour of precious metal prices. Dividends are paid in UK pounds sterling unless shareholders elect to be paid in USD. As previously disclosed in previous reports, the corporate income tax reform introduced in Mexico in 2014 created a withholding tax obligation of 10% relating to the payment of dividends, including to foreign nationals. However, foreign shareholders may be able to recover such tax depending on their tax residence and the existence of double taxation agreements. |
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