Fresnillo plc Discloses 2024 Government Payments

The latest update is out from FRESNILLO ( (GB:FRES) ).

Fresnillo plc has released its Report on Payments to Governments for the year 2024, detailing the financial contributions made to national, regional, and local authorities in countries where it operates. The report, complying with UK Regulations, highlights payments totaling $79.4 million, primarily in Mexico, with significant contributions in taxes, royalties, and fees for licenses and concessions. This disclosure underscores Fresnillo’s commitment to transparency and regulatory compliance, potentially impacting its reputation and stakeholder relations positively.

The most recent analyst rating on (GB:FRES) stock is a Hold with a £685.00 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 overall stock score is driven by its solid financial performance and optimistic earnings call insights, underscored by strategic cost controls and robust production metrics. However, the high P/E ratio and technical indicators pointing to an overbought condition temper the score. Addressing operational challenges will be crucial to sustaining positive momentum.

To see Spark’s full report on GB:FRES stock, click here.

More about FRESNILLO

Fresnillo plc is a leading company in the mining industry, primarily focused on the exploration, prospection, discovery, development, and extraction of minerals. The company operates in various countries, with significant activities in Mexico, Peru, and Chile, and is known for its extractive activities.

Average Trading Volume: 1,666,660

Technical Sentiment Signal: Buy

Current Market Cap: £10.66B

For an in-depth examination of FRES stock, go to TipRanks’ Overview page.