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| 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 | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -10.00 | -1.64% | 600.00 | 600.00 | 600.50 | 610.00 | 599.00 | 610.00 | 164,011 | 10:41:29 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Silver Ores | 2.74B | 233.91M | 0.3174 | 18.92 | 4.43B |
From Apr 2019 to Apr 2024
By Carlo Martuscelli
Fresnillo PLC (FRES.LN) said Tuesday that it expects trading in 2019 grow more difficult when compared with the prior year.
The precious-metal producer said revenue on an adjusted basis in 2018 totaled $2.2 billion, flat year-on-year. Profit fell, while cash and liquid funds stood at $560.78 million, with debt steady at $201.9 million.
The long-term silver production target of 65 million ounces was not met, said the Mexico-focused miner, commenting that 2018 had been a challenging year.
The company backed its full-year guidance for 2019 despite the previously announced soft production figures for the first quarter.
"Looking ahead, we remain very confident in the long-term outlook for Fresnillo," it said, and added that it is seeing positive results at a number of exploration projects.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
May 21, 2019 02:30 ET (06:30 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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