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Added to YB: 2026-08-31

Pitch date: 2026-08-28

FRES.L [bullish]

Fresnillo plc

Author Info

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Company Info

Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. It operates through seven segments: Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and Juanicipio.

Market Cap

GBP 31.3B

Pitch Price

N/A

Price Target

N/A

Dividend

3.03%

EV/EBITDA

7.46

P/E

13.73

EV/Sales

5.01

Sector

Metals and Mining

Category

turnaround

Show full summary:
UK Primer: The Equity Revival - Fresnillo plc

FRES.L: Fresnillo offers leveraged exposure to sustained high precious-metals prices without requiring another explosive rally. H1 2026 revenue rose 74.7% to $3.4bn and gross profit 130.7% to $2.4bn as gold and silver strengthened. With 2026 production on track for 42–46.5M ounces of silver and 500–550koz of gold, production stabilization and further commodity gains could drive meaningful upside earnings surprises.

Read full article (1 min)