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Fresnillo Reports Strong 2024 Production and Profitability
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Fresnillo Reports Strong 2024 Production and Profitability

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Invest with Confidence:

FRESNILLO ( (GB:FRES) ) has shared an update.

Fresnillo PLC reported a solid year of production for 2024, with silver production remaining flat and gold production slightly exceeding guidance. Improved cost performance and increased metal prices contributed to strong profitability, with gross profit expected to rise significantly. The company continues to focus on safety and efficiency, and its strong financial performance is projected to benefit stakeholders as it enhances its production platform for the future.

More about FRESNILLO

Fresnillo PLC is a prominent company in the mining industry, primarily focusing on the extraction and production of silver and gold. The company operates several mines, including San Julián, Saucito, and Fresnillo, and it also produces lead and zinc as by-products. Fresnillo is committed to maintaining a strong safety culture and continues to optimize its operations for profitability while advancing both brownfield and greenfield projects.

YTD Price Performance: 5.00%

Average Trading Volume: 10,315

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $6.29B

For detailed information about FRES stock, go to TipRanks’ Stock Analysis page.

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