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
  -10.00 -1.22% 806.40 1,223,284 16:35:22
Bid Price Offer Price High Price Low Price Open Price
806.00 806.80 837.20 802.00 822.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 1,777.39 403.20 37.13 21.9 5,942
Last Trade Time Trade Type Trade Size Trade Price Currency
17:10:56 O 200 830.34 GBX

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Date Time Title Posts
17/9/202115:38FRESNILLO precious metals16,085
05/11/202016:08Fresnillo - With PM Charts64
29/8/201912:59Number works3
20/6/201911:50Fresnillo - 2018 and beyong10
11/4/201913:29Darren Sindendiscusses Fresnillo on Tip TV2

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Fresnillo Daily Update: Fresnillo Plc is listed in the Mining sector of the London Stock Exchange with ticker FRES. The last closing price for Fresnillo was 816.40p.
Fresnillo Plc has a 4 week average price of 802p and a 12 week average price of 742.60p.
The 1 year high share price is 1,379.50p while the 1 year low share price is currently 742.60p.
There are currently 736,893,589 shares in issue and the average daily traded volume is 710,580 shares. The market capitalisation of Fresnillo Plc is £5,942,309,901.70.
imastu pidgitaswell: 15816 - I would say there are 2 (separate) elements to FRES's pricing: The 'normal' correct level if silver and gold prices stay broadly flat - under $30 and under $2000 respectively. That would then enable a simple PE or dividend yield assessment. As per previous posts, current earnings ratio is around 13, but has been over 20 at 1360. I thought that was quite expensive and sold up, but I also thought that 1100 was quite cheap, worth a small-scale purchase and bought back in - way too soon. At 750-odd, it's absurd and have bought a lot more. And will sell some at 1000 or so and keep a lot. That's one scenario, and it works very well - for a 'normal' PM market. The other one, which I think is where you and trader et al are coming from, is when silver and gold rocket; silver at $40, $50, $100 etc. If that happens, and imho only if that happens, you will get your 2000, 3000 share price or whatever.
machiong2: I don't really understand the investment logic of most people in this Country. People should be eying for companies that have good prospect and are making good money. Over the past few years Fresnillo's profit increase year after year. If we Google the company share price, its yearly high was 1379.5p that occurred in about October last year. The fact that the company is very profitable, is progressing, is making much more money which was just reflected in its 1H interim financial statement and is tripling its interim dividend pay out, that is drastic and obvious that the company is doing really well and in great position. Compared to Cey, you may look down on the company with only one producing mine while their profit was dropping because of an incident that decrease their output but that is not the case here. The arguments will not sustain here when compared to Fresnillo which has a lot of producing mines in the Silver rich country, Mexico while its is also the biggest gold miner of the Country. Fresnillo is oversold. I agree fully with Trader465's forecast and indication that the share price should be well over 2000p if not over 3000p in a year or two. We can not be distracted by the short term price fluctuation because of all those rumours and manipulations by those secret hands behind the scene and it won't last. There is high commercial demand of silver for both diverse new applications and traditional uses and there are new vast troops of stackers for the PM especially for those belief in value preservation and the real treasure gold and silver. These are historical money last since we have history, I reckon. Compared to the relatively speaking little dividend, I will not trade it off at this price level for the potential enormous coming rewards in the drastic price increase deem to realize soon. If you think you are in a bad position, think about those bought the share over 1000p not long ago. As another contributor said, the pressure is building and the valve will expose and let the wheat sort out from the chaff. Hope that you will be the wise guy and sober enough not to follow the rest of the sheep misled by the insidious guiding shepherd dog to fall into the bottomless abyss. Please save yourself and save the rest in this investment casino and crazy world from missing the great opportunity in securing your future for a good living.
imastu pidgitaswell: I think people are influenced, for sure. To some extent it depends on previous track records - whether what they say is broadly correct. Personally I don't make price predictions, as I am firmly of the belief that the precious metals market is bent - so anything can happen. And is doing - the current PM market and price action is ludicrous. But it also presents the opportunity - which is why I do ramble on about fundamentals, earnings, cash generation, dividends, capex spending etc. To highlight how cheap or expensive in absolute terms or in relative terms (to others in the sector) something is. It basically comes down to patience, or more often impatience. Was on a bit of a roll last year as to timing - did very well in exiting this and waiting long enough to buy back in, and making an awful lot elsewhere while this fell - essentially rotation. It was all fairly obvious (to me) - rising PM prices, followed by vaccine news, as to which sector to rotate into and - just as importantly - rotate out of. This year, after January at any rate, it has all gone to pot - 'cos I'm not that good. I have it that PM prices 'should' be much higher than this, and so should the associated share prices - as discussed ad nauseam. But they're not. So I'm wrong, aren't I? So what do you do? In my case, keep buying them and just take the dividends and wait it out. Others sell for a loss and chase some other sector. But some decisions as to when to add, and when to sell for small profits in the hope of buying back later - yes, certainly influenced by other posters. FWIW, I'm not adding at these levels, anything spare (from some COST and TW. sales) goes into POLY for the moment. Certainly not selling any of these this side of 1000.
machiong2: Lodgeview:- Physical Silver is high in demand, price manipulation via non allocated trading will not last. Lots of people are expecting $30, $50 or even over $100 silver price by yearend. Fresnillo has vast PM resource, new development is on track, new mine and extra capacity is commencing. In addition production in gold and Silver are both increasing and yearly boost in net profit. Don't think you can buy it at $700 or even close to that figure especially speaking, interim dividend increased 3 folds and if price of PM jump before year end as expected, Fresnillo may break its yearly or all time high. Please stop talking the share price down by simply cursing the company to benefit your short position. It really makes people feel sick like end of the world, it is all over now!!
ps56: As a mere amateur stating the flipping obvious, FRES share price is generally tied to the price of silver/gold! This graph shows several cycles over past years. Interestingly, for me, is that the descent from a peak takes much longer than the ascent to the next peak. So, when this current downtrend turns - it may move up very quickly. This is why I probably won't sell my small holding and just see out any further decline. I probably could sell and buy back cheaper - however one thing I have learnt is to expect the unexpected. Not exactly sure what it might be right now . . . but that's why it would be unexpected eh! free stock charts from uk.advfn.com
kennyp52: As for you ScepitalInvestor .. what was hindsight about this post … kennyp52 - 14 Jul 2021 - 13:49:50 - 14491 of 15505 FRESNILLO precious metals - FRES SI .. it probably is priced in but unless the next RNS shows improvements sufficient for the market to re-rate it then I can't see where the 3,000p share price is coming from !
trader465: Kenny the clown - you keep making pathetic baseless and clueless 'assumptions' You don't have the intellectual ability to value FRES, you are clueless as to what is or isn't priced in. Would you mind posting the formula you have used to arrive at the share price which includes $300 million H1 profit?
trader465: "The average realised silver price increased 57.3% from US$16.8 per ounce in 1H20 to US$26.4 per ounce" Https://otp.investis.com/clients/uk/fresnillo1/rns/regulatory-story.aspx?cid=191&newsid=1496658 trader465 - 23 Jul 2021 - 12:04:54 - 14846 of 15356 FRESNILLO precious metals - FRES Average silver is up 60% on H1 2020. You don't need a doctorate in accounting to see the cash pile being generated by Fres with silver at current levels. 😎
eriktherock: eriktherock - 30 Jul 2021 - 16:48:29 - 15291 of 15341 FRESNILLO precious metals - FRES I would say that the results will not be dire and we'll see this under 800p again for a long time eriktherock - 30 Jul 2021 - 16:35:38 - 15289 of 15341 FRESNILLO precious metals - FRES eriktherock - 28 Jul 2021 - 18:24:45 - 15196 of 15289 FRESNILLO precious metals - FRES If you're going to get carried away > EUR/GBP @ 85p long eriktherock - 30 Jul 2021 - 16:25:58 - 15287 of 15341 FRESNILLO precious metals - FRES SI, you know that i want you to prosper. And to maintain the path of making right decisions. keep the powder dry man. eriktherock - 30 Jul 2021 - 16:14:54 - 15283 of 15341 FRESNILLO precious metals - FRES tergifts, Tim, I'd say we'd be able to buy at some point next week @ around 755p
trader465: Stupid - I'd say that's because the rise has already happened at Poly. Poly average share price (2012-2019) is 790p, so it's up 89% on the average. Fres average share price (2012-2019) is 1020p so the rise is yet to come. I lost my comparison spreadsheet in the great computer crash of 2020, but the data up until 2019 is posted on this thread.....
Fresnillo share price data is direct from the London Stock Exchange
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