Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Fresnillo | LSE:FRES | London | Ordinary Share | GB00B2QPKJ12 | ORD USD0.50 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 4.00 | 0.42% | 947.50 | 630,787 | 16:35:16 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 944.00 | 944.50 | 950.00 | 934.50 | 945.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Silver Ores | USD 3.51B | USD 140.92M | USD 0.1912 | 49.40 | 6.95B |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 17:10:47 | O | 2,549 | 946.19 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 13/3/2025 | 12:31 | ALNC |  IN THE KNOW: RBC downgrades Fresnillo, sees better value in Hochschild |
| 07/3/2025 | 10:22 | ALNC | IN THE KNOW: Fresnillo stability offers improved visibility on returns |
| 04/3/2025 | 09:22 | ALNC | Fresnillo profit surges on metal prices, but tax hits bottom line |
| 03/3/2025 | 13:24 | ALNC | EARNINGS PREVIEW: Fresnillo and Endeavour report amid gold price surge |
| 29/1/2025 | 09:53 | ALNC | Fresnillo shares up as expects profit and revenue surge for 2024 |
| 29/1/2025 | 07:00 | UK RNS | Fresnillo PLC Fourth quarter production report |
| 20/11/2024 | 08:57 | UK RNS | Fresnillo PLC 2024 Annual General Meeting Voting Outcome Update |
| 12/11/2024 | 09:41 | ALNC | TOP NEWS: Fresnillo shares fall as Penoles reports Sabinas mine woes |
| 12/11/2024 | 07:00 | UK RNS | Fresnillo PLC Update on Silverstream Agreement with Peñoles |
| 23/10/2024 | 07:54 | ALNC | Fresnillo backs annual guidance as quarterly production soars |
Fresnillo (FRES) Share Charts1 Year Fresnillo Chart |
|
1 Month Fresnillo Chart |
Intraday Fresnillo Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 28/3/2025 | 00:49 | FRESNILLO precious metals | 21,919 |
| 12/3/2025 | 10:59 | Fresnillo - With PM Charts | 74 |
| 29/8/2019 | 11:59 | Number works | 3 |
| 20/6/2019 | 10:50 | Fresnillo - 2018 and beyong | 10 |
| 11/4/2019 | 12:29 | Darren Sindendiscusses Fresnillo on Tip TV | 2 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2025-03-27 17:10:48 | 946.19 | 2,549 | 24,118.38 | O |
| 2025-03-27 17:10:48 | 946.19 | 7,637 | 72,260.53 | O |
| 2025-03-27 16:56:08 | 943.00 | 8 | 75.44 | O |
| 2025-03-27 16:46:45 | 944.00 | 8 | 75.52 | O |
| 2025-03-27 16:35:18 | 947.50 | 22,420 | 212,429.50 | O |
| Top Posts |
|---|
Posted at 27/3/2025 08:20 by Fresnillo Daily Update Fresnillo is listed in the Silver Ores sector of the London Stock Exchange with ticker FRES. The last closing price for Fresnillo was 943.50p.Fresnillo currently has 736,893,589 shares in issue. The market capitalisation of Fresnillo is £6,959,959,948. Fresnillo has a price to earnings ratio (PE ratio) of 49.40. This morning FRES shares opened at 945p |
Posted at 18/3/2025 20:50 by aleman Dividend was approximately $550m out of $850m free cashflow. $650m of free cashflow was in H2 and I reckon H1 will be significantly higher despite slightly lower production. As posted earlier, I was thinking upper end of $750-800m for H1, and then rather more for H2 if PMs do not fall back but just hold steady at current highwst levels of H1. Let's call H2 $900m to make $1700m FCF for the full year IF prices hold, paying out perhaps around $1.1bn (so still keeping $600mn to take retained cash to $1bn). That would be a FY payout DOUBLE last year's, or about 110p the way things are going. (Maybe you meant to type £1 instead of $1?)This is not a prediction, just what might happen if PM prices, exchange rates and energy prices hold reasonably steady at the current VERY profitable levels. That's not very likely. I'd be very surprised if energy prices do not rise, recent $ weakness does not reverse a little and PMs do not fall back some - though many pundits seem to think silver will have to rise more before production lifts enough to shrink the deficit. Silver bugs seem to reckon that cycles have a strong tendency to overshoot more than people expect. Could there be even more upside? Well, there could be, but I think it might more easily go the other way. I'm just enjoying the ride for now. Mr Market clearly understimated H2/24 cashflow by a wide margin. (I think it was not giving enough weight to the exchange rate/MXN prices.) I still think it's underestimating H1/25 quite a bit, or maybe it's just assuming H2/25 is going to swing back the other way a lot. It might. I think H2 will most likely swing back a little (I'll guess $800m then $6-700m and FY dividend 120 cents) but I still suspect that H1/25 will be good enough to catch the market out again - unless it keeps going up a bit. Would a share price of, say, £12 fit in with a 95p dividend if things swing back a bit? And what if they don't swing back and we get a 110p dividend. £14 maybe? All guesswork. Will the market anticipate or just get slapped in the face with all the cash like at FY24? Remember MXN spot silver is only 3% off a record (677 now) while 50-day and 200-day averages are setting records day after day (and considerably better than H2/24). All 3 are at MXN records for gold if it can hold its current 60,429 for just another 10 minutes. Edit - MXN60,446 is a new ATH close for spot gold. |
Posted at 15/3/2025 23:05 by 1knocker In fact, tripletop, the price of silver rose very substantially between 2020 and late 2022.This rise coincided with a heavy cut in the FRES dividend, and continuing slide in the SP, with a brief spike in late 22 / early 23, after which the FRES share price resumed its slide. If you look back to the posts on this BB at the time of that spike, you will see widespread confidence that the FRES share price would rise substantially further. Many were claiming to be topping up their holdings and urging others to do likewise. I was in a minority (probably a minority of one) in using the volatility to work the costs of my FRES holding down rather than increasing the size of my holding. I was unimpressed with the management of FRES then, and nothing has happened to change my opinion since. It may be that the price of silver will rise significantly, but I fear that if it does FRES will fail to capitalise on the opportunity. |
Posted at 15/3/2025 21:13 by 1knocker I recall late 22 /early 23 when wild predictions were being made for FRES on the back of rising silver prices. Fortunately, I used the volatility to make two 'round trips', selling out and buying back lower.The share price languished, and the previously decent dividend was cut to peanuts, notwithstanding the strength of the silver price. I am in profit on FREs, and I too would like to see the sort of share price rise which is again being predicted here to give me a really good exit price, but don't count your chickens. |
Posted at 12/3/2025 16:36 by trader465 J5thumbs - did you sell at 800p?The strength of underlying silver and gold prices are leveraging share price, I think the uptrend will be too strong to trade. Since 450p Fres has only seen two 19% pullbacks in the last 12 months. I reckon Fres is a buy and hold for at least the next 12 months. 23-April: Q1 production 23-July: Q2 production 5-Aug: Half year financials If Q1 and Q2 are within guidance and average achieved metal prices are higher at half year then continue to hold for full year March 2026 for the multi bagger. I’ve almost 1 bagged on my first buy, and Fres has now become my largest position, roll-on 20 quid for a big top slice 👍 |
Posted at 03/3/2025 12:23 by trader465 FRES will be yielding near 5% going forward.I arrived at the estimated 2024 dividend per share and yield using the following method: Step 1: Determine Dividend Payout Ratio from 2023 • Profit from continuing operations (2023): $142.5 million • Total dividends paid (2023): $41.2 million • Payout Ratio (2023): = 28.9% Step 2: Apply the Same Payout Ratio to 2024 Profits • Profit from continuing operations (2024): $940 million • Estimated Dividends for 2024: = 272.5 ext{ million USD} Step 3: Calculate Dividend Per Share • Number of shares: 736.9 million • Dividend per share (DPS): = 0.37 ext{ USD per share} Step 4: Calculate Dividend Yield • Share Price: 750p (7.50 GBP) • Dividend Yield: = 4.92% Final Answer: • Estimated Dividend per Share (2024): $0.37 (37 cents) • Estimated Dividend Yield (2024): 4.92% If Fresnillo decides to increase its payout ratio closer to 50%, then the dividend per share and yield would be higher. |
Posted at 03/3/2025 12:09 by trader465 “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.”Profit from continuing operations $940m million up 550% EPS $1.28c up 312% Cash and liquid assets $1,250m up 134% There’s a huge dividend hike to be announced with those profits. If the PM bull keeps charging into 2026 FRES dividend will keep increasing and so will the share price. |
Posted at 28/2/2025 19:58 by 1knocker The problem is that FRES is a lousy company, and the rising price of silver has not translated into shareholder returns. Look at the dividend history.Fortunately, i got my cost of investment down quite a bit when the share price was volatile (with big rises as well as drops!) a while back. Even more fortunately, I took the cash rather than increasing my holding on a couple of round trips. My only regret is that my last transaction was a re-purchase rather than the preceding sale. I am well up on silver bullion though (and a bit down on platinum). I am keeping an eye on both Platinum and Palladium for a further drop to top up on. Silver bullion too, below $30. All three are volatile, so I leave limit orders in and hope for the best. |
Posted at 29/1/2025 07:33 by trader465 To estimate the share price of Fresnillo (FRES) based on its historical P/E ratio and the provided information, you can follow these steps:Step 1: Calculate the company's total market value (equity value) We are given the following: Profit from continuing operations = $1 billion P/E ratio = 20 (historical) Using the formula: Company Value = Profit from&nbs × P/E Ratio Company Value=P Company Value = 1 billion × 20 = 20 billion Company Value=1 So, the estimated company value is $20 billion. Step 2: Convert the company value to GBP (since the share price is in pounds) We need to account for the currency difference since the company value is in USD and the shares are priced in GBP. Assuming the exchange rate is 1 USD = 0.80 GBP (a reasonable assumption for this example): Company Value&n = 20 billion × 0.80 = 16 billion G Company Value&n Step 3: Estimate the share price We are told that there are 737 million shares outstanding. To estimate the share price, we use: Share Price = Company Value&n Shares Outstand Share Price= Shares Outstand Company Value&n Share Price = 16 billion G 737 million s = 21.7 GBP per&n Share Price= 737 million&nbs 16 billion =21.7 GBP Conclusion: Based on the assumptions, the estimated share price of Fresnillo (FRES) would be approximately £21.70 per share. |
Posted at 29/1/2025 07:33 by trader465 FRES historic P/E is 20. There are 737m shares at £7 each, assume $1b profit from continuing operations and estimate the FRES share price?? |
Posted at 28/1/2025 14:45 by sigmund freud fres occasionally shoots up making everyone excited, followed by persistent despair. repeated again and again. it is a bit like a manic depressive.one of the last updates mentioned issues with silverstream production: "experiencing operational difficulties impacting silver production" my experience of fres has been that these early warnings are a sign of a likely upcoming poor market reaction to the formalised news in the report. i see the share price in a descending wedge, with the possibility of a dramatic movement soon in share price experience tells me it could go either way. cross your fingers! |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
