An announcement from FRESNILLO ( (GB:FRES) ) is now available.
Fresnillo plc announced the conversion rate for its 2024 final and special dividends, setting the exchange rate at 1.32810 US$/GB£. The final dividend will be 19.6521 pence per share, and the special dividend will be 31.4736 pence per share, payable on 30 May 2025. This announcement reflects the company’s ongoing commitment to providing value to its shareholders and may influence investor perceptions and market positioning.
Spark’s Take on GB:FRES Stock
According to Spark, TipRanks’ AI Analyst, GB:FRES is a Outperform.
Fresnillo scores well due to strong financial performance and effective cost control, which have driven profitability. However, high valuation metrics and potential overbought technical indicators introduce caution. Operational challenges in certain areas also present risks. Overall, the stock is favorably positioned but with some notable risks.
To see Spark’s full report on GB:FRES stock, click here.
More about FRESNILLO
Fresnillo plc is the world’s largest primary silver producer and Mexico’s largest gold producer, listed on the London and Mexican Stock Exchanges. The company operates eight mines in Mexico and has exploration projects in Mexico, Peru, and Chile, aiming to maintain its leading position in silver and gold production.
YTD Price Performance: 73.76%
Average Trading Volume: 13,448
Technical Sentiment Signal: Sell
Current Market Cap: $10.17B
For a thorough assessment of FRES stock, go to TipRanks’ Stock Analysis page.