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FRESNILLO ( (GB:FRES) ) has shared an update.
Fresnillo PLC reported robust silver and gold production for the second quarter of 2025, with gold production trending towards the upper end of full-year guidance. Despite challenges such as lower ore grades at certain mines and the cessation of mining activities at San Julián DOB, the company achieved a 1.0% increase in quarterly gold production compared to the previous quarter. However, silver production saw a 14.7% decrease compared to the same quarter last year. The company also faced tragic incidents resulting in the loss of two colleagues, prompting a renewed focus on safety measures. The outlook for 2025 remains aligned with previous guidance, with expected silver and gold production ranges provided.
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 financial stability and cash flow strength are major positives, supported by effective cost control and strategic initiatives. Technical indicators suggest strong momentum, though valuation concerns may limit upside. Earnings call insights add a positive dimension, highlighting production stability and shareholder returns.
To see Spark’s full report on GB:FRES stock, click here.
More about FRESNILLO
Fresnillo PLC is a leading precious metals mining company, primarily focused on the extraction of silver and gold. The company operates several mines in Mexico, with a strong emphasis on operational optimization and cost reduction to enhance production efficiency.
Average Trading Volume: 1,412,226
Technical Sentiment Signal: Buy
Current Market Cap: £10.65B
For an in-depth examination of FRES stock, go to TipRanks’ Overview page.