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FRES Fresnillo Plc

602.00
-8.00 (-1.31%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Fresnillo Plc FRES London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-8.00 -1.31% 602.00 16:29:55
Open Price Low Price High Price Close Price Previous Close
610.00 595.00 610.00 602.00 610.00
more quote information »
Industry Sector
MINING

Fresnillo FRES Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
19/04/2023InterimGBP0.01105810/08/202311/08/202314/09/2023
07/03/2023FinalGBP0.10675827/04/202328/04/202326/05/2023
14/04/2022InterimGBP0.02814311/08/202212/08/202214/09/2022
08/03/2022FinalGBP0.19178628/04/202229/04/202227/05/2022
22/04/2021InterimGBP0.07144212/08/202113/08/202115/09/2021
02/03/2021FinalGBP0.16595722/04/202123/04/202130/06/2021
28/07/2020InterimGBP0.01756906/08/202007/08/202016/09/2020
03/03/2020FinalGBP0.09585323/04/202024/04/202002/06/2020
02/05/2019InterimGBP0.02151808/08/201909/08/201906/09/2019
26/02/2019FinalGBP0.12921425/04/201926/04/201924/05/2019

Top Dividend Posts

Top Posts
Posted at 17/4/2024 12:37 by ukgeorge
People might also think gold is up 20% in a very short period of time and that 50% of Fres revenue is from gold. The same people might also think it would be very silly to sell fres when it has only risen back to £6 and could rise a lot higher and that traditionally it rises very rapidly.

2020 £8 to £12 in a month

2016 £7 to £18 in 6 months

People might not think it worth the risk being out.

If it retraces to £5.3 it will be a great buying opportunity
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.
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.
Posted at 16/4/2024 10:03 by trader465
“near the bottom”

FRES is only up 28% from a 5 year bottom, the move here hasn’t even started yet, there’s a potential several hundred percent gain if silver follows gold to new highs, most novice traders will have sold out for a small gain long before FRES makes new all time highs.
Posted at 13/4/2024 13:59 by trader465
The long term chart says FRES is heading to new all time highs with gold and silver.

I’m looking a >£20 target on next full financial year results in March 2025.

Q1 production 24 April
Q2 production 24 July
Half year financials will reflect higher metal prices 30 July

FRES can move fast, profit from higher metal prices will go straight to the bottom line
Posted at 12/4/2024 15:05 by aleman
Wow. Silver MX$492. And gold on the move again - back to 2020 prices @ MX$40,070, and ATH coming into view . FRES were £11 to £13 back then. FRES shares are not keeping up. Where are the broker upgrades?
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 🤣
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;
Posted at 18/1/2024 10:50 by doctorbird
Over the last year silver has declined 7% or so against a 50% fall in FRES. That divergence does not look good for FRES. Even so, both silver and FRES are at important support levels around $22 and £5 respectively. Whether or not those levels break, silver is likely to soon recover, perhaps dramatically, but to benefit from that perhaps FRES is not the best silver company to be in.
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.

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