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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 Shares Traded Last Trade
  -9.80 -1.13% 859.20 1,138,553 16:35:22
Bid Price Offer Price High Price Low Price Open Price
859.40 860.20 872.20 855.60 867.60
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 1,998.86 452.21 42.30 18.6 6,331
Last Trade Time Trade Type Trade Size Trade Price Currency
18:00:17 O 1,291 860.876 GBX

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Date Time Title Posts
26/1/202310:22FRESNILLO precious metals18,783
05/11/202016:08Fresnillo - With PM Charts64
29/8/201911:59Number works3
20/6/201910:50Fresnillo - 2018 and beyong10
11/4/201912:29Darren Sindendiscusses Fresnillo on Tip TV2

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Fresnillo (FRES) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
18:00:56860.881,29111,113.91O
18:00:51861.681,55013,355.96O
17:58:25859.207,44163,933.07O
17:55:01865.8926,555229,937.09O
17:41:12863.502,27319,627.24O
View all Fresnillo trades in real-time

Fresnillo (FRES) Top Chat Posts

Top Posts
Posted at 20/1/2023 15:22 by eriktherock
Looking at the price-action it does make me wonder if that full Hourly candle above 922, seen today, is going to trigger the necessary upward momentum of the share price to realize the initial target or the subsequent target. Hmm.
Have a great weekend you stalwart holders.

Posted at 20/1/2023 11:40 by 1knocker
After putting a wet finger in the wind, I have placed a sell limit order for my holding (repurchased on this weeks dip at 889) at 953. Possibly that is overcooking it, and I may reduce that to 950.

UBS has downgraded it to 850, in the expectation that results will fall short of expectations and, especially that costs will have risen more than the market has factored in. Who knows? But with silver around $24 and a current FRES price of over 930, if I can get out at 950) or a little more I doubt I shall have to wait very long to get back in around 900.

I have had 2 very profitable 'round trips' in Fres in under 2 months (helped by rather fortuitous buys at 839 and 889 which pretty much caught the bottom of dips - slightly smaller dips and would not have triggered), so it seems reasonable to hope for another provided I am not too greedy. Trading seems to be the way to go with Fres.

Posted at 19/1/2023 12:11 by 1knocker
My repurchase limit order has triggered at 889. A bit early probably. My bad, I thought I had set it at 880. I should have checked and lowered it bit when the market fell so sharply.

Never mind. 2 round trips on Fres in under 2 months, and my holding cost significantly reduced, so no complaints. Its not about guessing the absolute tops and bottoms (impossible), but making respectable money every round trip.

Sell limit order now placed at 950. May have to adjust that when we see how far this market pull back goes, and how PM /PM mining prices respond. Roll on the next round trip.

Basically though, I am bullish PMs, and solid PM miners like Fres, but its a volatile market so I want to use that to get my core PM and PM mining holding costs down. That's where we PIs have an edge on the institutions. We can buy and sell entire holdings without moving the market against ourselves.

We have made plenty on Fres over the last few months, with plenty more to come I hope. GLA.

Posted at 19/1/2023 10:46 by 1knocker
Its well below the price I sold out, and homing in on my repurchase price. That will be a second lucrative round trip well within 3 months coming up, I hope. Fres is a crazy share to buy and just hold, but a wonderful trading stock. The name of the game is to get one's capital cost of core holdings below zero, for a free ride.

AstraZeneca is another good round trip play with a decent sound, core holding, stock. It still has a bit to fall yet I think. I got out at 115 and back in at 97 late last year, out again at 118.5, and now hoping for 108 or better to get back in. Likewise Shell. Out at 24, back at 22.80, out again at 24.51 and looking to get back in at 23, a second round trip there too between the ex div dates looks very much on the cards. There is money in volatility. Get the capital cost down, and even the paltry divs on stocks like Fres, Astra and Shell represent a useful return too. GLA.

Posted at 16/1/2023 09:27 by eriktherock
If you could bare with me regarding FRES at £10 back in November and the relationship with the pos.
Should the share price manage a weekly candle above £10 then we should be optimistic for over £13.
(988-621=367) (988+367=t1355)

Posted at 29/12/2022 10:24 by lovewinshatelosses
It was not really new information though, so you could argue it had already been largely baked into the share price - but you know my bullish position on FRES, so I am not looking to refute the IMO exciting prospects we have here for 2023 and beyond. And I hope you are right, because if it has been widely missed so far, then that should bode extremely well for the share price going forward, even if silver and gold prices do not break out in 2023 (which I think they will, but I could be wrong).
Posted at 19/12/2022 19:16 by 1knocker
I'd love to see FRES rally to 900 again. My sale at the beginning of this month at 905 worked a treat - back in 11 days later at 839. 7% in the bank on a sale and repurchase trumps a 7% rise in the share price which may evaporate at any moment. Volatility is the PI's friend. We can sell and repurchase our entire holdings without moving the market against ourselves.

I have my limit sell order back in at 900. Another round trip like the last would do wonders for this years return on FRES.

Posted at 12/12/2022 11:16 by 1knocker
My guess is that the current market rally in the wide (especially US) marketswill fade, unless energy prices really are falling back to permanent, much lower, levels. I doubt that because the transformation to renewables and electrification is going to be both energy intensive and eye waveringly expensive, and governments world wide are set upon maximising the cost by outlawing hydrocarbons rather than encouraging investment in the cleaner hydrocarbons to power the transition. Instead, they are intent upon taxing all hydrocarbons and preventing investment in them to force (and pay for) the revolution. It is economic and engineering lunacy, but that is what they preset upon.

The result will be to make us all poorer. Energy costs are a major component of the cost of everything else, and most especially mining.

When we are poorer, all asset prices fall. If the wheels come off everything, PMs may oar as the only refuge in the form, but more likely there will be a gradual sclerosis rather than a cardiac arrest. The POG reflects the real value of accumulated wealth at least as much as it constitutes an inflation hedge. Inflation and deflation are, after al, just changes in the exchange rate of fiat currencies in which we measure the value of that accumulated wealth.

So we are in an 'everything' structural bear market. I can't predict tops and bottoms, in FRES or anything else. So I just play the volatility which is the inevitable byproduct of the adjustment to a poorer world.

All I would say of the FRES price is that energy and labour costs will bear upon profitability, as they will in the case of every miner.

I think there is a lot to be said at present for maintaining positions in commodities in which that price has already been incurred, i.e. physical holdings of gold, silver, and especially copper (of which electrification will require enormous quantities well beyond any possible mining supply necessary to meet the 2030, 2050 etc 'targets').Miners will mine so long as they can make a profit, but their SPs will fall if that profit falls. Profit is the difference between cost of production and sale price of that production. If the price of the product rises but the cost of production rises faster so as to reduce profit, the producer's share price will fall. Those who hold the physical product will enjoy the rise in its price, untroubled by the fall in profitability of production. It is quite wrong to assume that mining provides 'upwards only' gearing to the price of the commodity mined. That gearing is upward only if the price of the commodity rises faster than the cost ASIC of producing it. As always, the figure you want to worry about is the net profit figure. For the same reasons, I am much more optimistic about my royalty company than my mining company holdings, and those are the shareholdings I have been adding to on price weakness, as long term holds.

All IMO. Every fish must hang by his own tail, and every investor must make up his own mind. All I will say as an absolute certainty is that predictions of 'X times profits on gold /silver because their prices are going to $Y and Z' are a snare. Those price predictions may prove right, but only if the purchasing power (value) of those $$ falls. Take my word for it, your garden does not become twice as long and twice as wide if those distances double in feet because you have halved the length of your ruler while continuing to describe it as a foot rule !

Remember, if you had predicted to the worker earring £40 a week in the 1970s that his wages would rise five fold you would have been right (indeed a little conservative) in your prediction, and that prediction would probably have sounded pretty good to him, but he would be feeling the pinch a lot more on £200 a week today than he did on £40 a week then!

Posted at 02/12/2022 16:30 by imastu pidgitaswell
Always good to see variety of opinion - as that is all it is when it comes to share price movements, opinion.

Personally I'm not seeing any reason to reduce further yet - silver continuing to hit new 6 month highs and now $23, gold following (somewhat). Usual pullback this afternoon on news, and recovery on gold, but well past the previous peak for silver. Short, medium and long term silver looking very positive.

See also the silver chart and note the 50 day and 200 day ma's looking good for a cross in the next month or so, by which time the 200 day ma will be moving upwards:


free stock charts from uk.advfn.com




Re FRES, supported by PMs, I see as pushing at the 900 resistance, rather than pulling back.

Posted at 08/9/2022 09:49 by stevedaytrader
Aimless Aman- on CEY, the truth- check the board. He opens a short in the early 80's Share price here. He waffles on for weeks about his expertise on TA, charts etc, ignores (although more likely is completely unaware of) basic data points. Last week he admits he's losing money on his short- the share price continues to rise, he then claims he's closing his short after making a profit on it, total liar. Lesson Aman- when your money vanishes it means you lose not win- you are sounding more and more like your batty boy, PlattyBoy everyday- a well know colloquialism is "a fool and his money are soon parted"- never has this more true than in your case. Yep more evidence on Aimless Aman- AVOID, unless you want to lose money.
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