Fresnillo Share Discussion Threads

[aleman] 20/11/2024 14:18

STOP PRESS - PMs remain fairly steady for a couple of weeks.

So Silver's MXN 200-day average should hit a new all time high on Monday, and gold's MXN 200-day keeps hitting them.

[kennyp52] 19/11/2024 09:15

How so Maty ?

[maty] 19/11/2024 07:38

Fresnilo always disappoints .. why ?

[aleman] 18/11/2024 08:21

Silver edging up with MXN628 so just might possibly squeak in with a new record fr the MXN 200-day average at the end of this week.

[aleman] 15/11/2024 14:07

Only a small bounce off rising 50-days yesterday and back playing with them both again this afternoon. MXN625 and MXN52,342.

[aleman] 14/11/2024 11:54

Silver and gold both down and playing with 50-days this morning. MXN619 and MXN52,680. So ... up or down from there? (Both still up over 50% on a year ago.)

[kennyp52] 14/11/2024 09:07

Shift to crypto it seems away from gold . Elon Musk in government .. connected? Probably .. they are all crooks and money mad in the USA

[aleman] 13/11/2024 09:03

Silver and gold up again - both by about 0.5%+ this morning to MXN634 and MXN53630. They seem to have bounced convincingly off their 50-day averages? Silver's MXN 200-day average is on course to hit a record in about 8 or 9 working days.

[pictureframe] 13/11/2024 08:09

The company lurches from one problem to another.

[aleman] 12/11/2024 16:38

Silver now MXN631 - up 1.1% on Friday's close and +1.9% on 8am. Gold now MXN53,468 - up 0.2% on Friday's close and +0.7% on 8am.

FRES shares are almost back to their price of 12 months ago (+8%) while MXN silver is +59% over 12 months and MXN gold +56%. (To help get a handle on energy costs, Oil is MXN1410 from a 2023 average of around MXN1900 and a peak of MXN 2480 in June 2023.)

[jaka] 12/11/2024 16:12

Berenberg raises Fresnillo price target to 850 (720) pence - 'hold'Berenberg raises Hochschild Mining price target to 250 (200) pence - 'hold'

[win2003] 12/11/2024 09:36

andrewsr - spot on, (ref.

With the generally expected bull markets in both AG and AU developing, one might be forgiven for adding a few more at this price.

DYOR, of course.

[kennyp52] 12/11/2024 09:15

Over reaction based on ignorance ?

[book5] 12/11/2024 09:05

Is Siberstream around 1600kz ag ozs?
Fres probably charges peanuts to process that ore

[andrewsr] 12/11/2024 08:35

Silverstream was about 4% of total silver production. Was the Sabina mine all of Silverstream?

[aleman] 12/11/2024 07:56

Silver fallen back to its 50-day average now, MXN619. It's still on course to hit a 200-day record in about 10 days (MXN520 v 531) but this figure keeps drifting back as spot falls. Spot gold is marginally above its 50-day at MXN53,104 while the 200-day continues to break records at about 9% above its previous 2020 peak.

[nrc] 12/11/2024 07:52

Not a good day for a negative RNS!

[book5] 12/11/2024 07:47

FRES has several mines and sources of revenue; how significant is this one?

[arlington chetwynd talbott] 12/11/2024 07:34

645 would seem to be on the cards after that RNS.

[arja] 12/11/2024 02:44

chart suggests a move to about 545 support level in due course . But might be a slight bounce today as silver up a touch from UK close on monday.

[j5thumbs] 11/11/2024 17:14

. (Sorry - wrong thread, and unable to delete)

[aleman] 07/11/2024 15:36

Correction over? PMs looking lively again this afternoon.

[aleman] 07/11/2024 11:20

Down a little to MXN624 so not finished correcting yet. 50-day is MXN617 and 200-day is MXN516. The last is approaching its MXN531 record more slowly now and still looks to be 10 days off. Silver has corrected about 11% and gold about 5% in MXN.

[aleman] 06/11/2024 18:16

Quite a fall at lunchtime and then a bit more in the last hour, to MXN 629. Not hit the 50-day yet, though.

[neilyb675] 06/11/2024 17:54

back to 530p