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FRESNILLO ( (GB:FRES) ) has issued an update.
Fresnillo plc announced that Ms. Guadalupe de la Vega has been appointed as an Independent Non-Executive Director of América Móvil, a company listed on the Mexican Stock Exchange. This appointment reflects Fresnillo’s ongoing strategic engagement with industry leaders and could potentially enhance its influence and operations within the mining sector.
The most recent analyst rating on (GB:FRES) stock is a Hold with a £6.85 price target. To see the full list of analyst forecasts on FRESNILLO stock, see the GB:FRES Stock Forecast page.
Spark’s Take on GB:FRES Stock
According to Spark, TipRanks’ AI Analyst, GB:FRES is a Outperform.
Fresnillo’s strong financial performance and positive earnings call are significant factors driving the score. The stock’s technical indicators suggest positive momentum, albeit with caution due to potential overbought signals. Valuation concerns slightly offset these positives, as the high P/E ratio suggests possible overvaluation. Corporate events add a small positive influence by highlighting strong governance and transparency.
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 under the symbol FRES. The company operates eight mines in Mexico and has exploration projects in Mexico, Peru, and Chile. Fresnillo aims to maintain its leading position in the silver and gold industries.
Average Trading Volume: 1,504,906
Technical Sentiment Signal: Buy
Current Market Cap: £11.17B
Find detailed analytics on FRES stock on TipRanks’ Stock Analysis page.