Fresnillo plc (LON:FRES)
London · Delayed Price · Currency is GBP · Price in GBX | Market Cap | 19.09B +9.0% |
| Revenue (ttm) | 4.53B +52.3% |
| Net Income | 1.72B +400.0% |
| EPS | 2.33 +400.0% |
| Shares Out | 736.89M |
| PE Ratio | 11.65 |
| Forward PE | 12.34 |
| Dividend | 0.96 (3.69%) |
| Ex-Dividend Date | Aug 13, 2026 |
| Volume | 775,066 |
| Open | 2,722.00 |
| Previous Close | 2,716.00 |
| Day's Range | 2,560.00 - 2,734.00 |
| 52-Week Range | 2,000.00 - 4,472.00 |
| Beta | 0.74 |
| Analysts | Hold |
| Price Target | 3,255.77 (+25.71%) |
| Est. Earnings | Oct 20, 2026 |
About Fresnillo
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. The company primarily explores for silver, gold, lead, and zinc concentrates. Its projects include the Fresnillo silver mine located in the state of Zacatecas; Saucito mine situated in the state of Zacatecas; Ciénega mine located in the state of Durango; Herradura mine located in the state of Sonora; Noche Buena mine located in the state of Sonora; San Ju... [Read more]
Financial Performance
In 2025, Fresnillo's revenue was $4.56 billion, an increase of 30.46% compared to the previous year's $3.50 billion. Earnings were $1.38 billion, an increase of 882.11%.
Financial numbers in USD Financial StatementsAnalyst Summary
According to 14 analysts, the average rating for FRES stock is "Hold." The 12-month stock price target is 3,256p, which is an increase of 25.71% from the latest price.
News
Fresnillo Highlights Growth Pipeline, Strong Cash Flow and Bullish Metals Outlook
Fresnillo LON: FRES said it is continuing to focus on operating its existing mines efficiently while advancing a portfolio of brownfield and greenfield development projects in Mexico and Canada.
Fresnillo Transcript: Mining Forum Americas 2026
The forum highlighted a robust portfolio of eight mines and five advanced projects, strong financials with over $2 billion in dividends returned, and a balanced pipeline of brownfield and greenfield growth. Key projects in Mexico and Canada are advancing, with stable costs and a focus on sustainability.
Fresnillo Slides: FY 2026
Fresnillo has posted slides in relation to its FY 2026 quarterly earnings report, which was published on September 28, 2026.
Fresnillo downgraded to Underweight from Equal Weight at Barclays
Barclays analyst Amos Fletcher downgraded Fresnillo (FNLPF) to Underweight from Equal Weight with a 2,500 GBp price target The firm cites valuation for the downgrade. Fresnillo trades at an 82%…
Fresnillo H1 Earnings Call Highlights
Fresnillo LON: FRES reported a record financial performance for the first half of 2026, as higher realized precious-metals prices more than offset lower year-over-year gold and silver sales volumes an...
Fresnillo Earnings Call Transcript: H1 2026
Record H1 2026 results with revenues, gross profit, and EBITDA more than doubling year-over-year, driven by higher metal prices and strong operations. CapEx guidance reduced, major projects advancing, and $1 billion in dividends paid while maintaining a strong cash position.
Fresnillo Quarterly report: H1 2026
Fresnillo has published its H1 2026 quarterly earnings report on August 4, 2026.
Fresnillo Slides: H1 2026
Fresnillo has posted slides in relation to its H1 2026 quarterly earnings report, which was published on August 4, 2026.
Fresnillo initiated with a Hold at Jefferies
Jefferies initiated coverage of Fresnillo (FNLPF) with a Hold rating and 2,700 GBp price target The firm expects improving fundamentals and rising EBITDA for the company but prefers to wait…
Fresnillo's Gold, Silver Production Falls on Lower Ore Grades
Gold and silver production fell due to lower ore grades at key mines, but the miner backed its full-year guidance.
Fresnillo Press release: Status update
Fresnillo issued a press release on July 22, 2026, disclosing material business information to investors.
Fresnillo price target lowered to 4,700 GBp from 5,400 GBp at JPMorgan
JPMorgan analyst Patrick Jones lowered the firm’s price target on Fresnillo (FNLPF) to 4,700 GBp from 5,400 GBp and keeps an Overweight rating on the shares.
Fresnillo upgraded to Sector Perform from Underperform at Scotiabank
Scotiabank upgraded Fresnillo (FNLPF) to Sector Perform from Underperform with an unchanged price target of 3,000 GBp. The firm cites valuation for the upgrade following the stock’s recent selloff. Pu...
Fresnillo price target lowered to 4,800 GBp from 5,000 GBp at Citi
Citi lowered the firm’s price target on Fresnillo (FNLPF) to 4,800 GBp from 5,000 GBp and keeps a Buy rating on the shares.
Fresnillo price target lowered to 2,090 GBp from 2,490 GBp at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Fresnillo (FNLPF) to 2,090 GBp from 2,490 GBp and keeps an Underweight rating on the shares.
Fresnillo price target lowered to 3,200 GBp from 3,775 GBp at Barclays
Barclays lowered the firm’s price target on Fresnillo (FNLPF) to 3,200 GBp from 3,775 GBp and keeps an Equal Weight rating on the shares.
Gold's correction could lead to a rebound. Barclays recommends these stocks.
Crowded positioning, a pause in central-bank buying, an increase in the dollar and a rise in real interest rates all contributed to the 26% peak-to-trough decline in the gold prices.
Fresnillo's Quarterly Silver Production Slips
The miner's silver production fell 8.5% in the first quarter of 2026 on lower ore grades and lower volumes processed at its Saucito, Fresnillo and Juanicipio mines.
Fresnillo price target raised to 5,000 GBp from 4,600 GBp at Citi
Citi raised the firm’s price target on Fresnillo (FNLPF) to 5,000 GBp from 4,600 GBp and keeps a Buy rating on the shares.
Fresnillo price target lowered to 2,400 GBp from 2,690 GBp at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Fresnillo (FNLPF) to 2,400 GBp from 2,690 GBp and keeps an Underweight rating on the shares.
Fresnillo price target lowered to 2,400 GBp from 2,690 GBp at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Fresnillo (FNLPF) to 2,400 GBp from 2,690 GBp and keeps an Underweight rating on the shares.
Fresnillo price target lowered to 5,400 GBp from 5,500 GBp at JPMorgan
JPMorgan analyst Patrick Jones lowered the firm’s price target on Fresnillo (FNLPF) to 5,400 GBp from 5,500 GBp and keeps an Overweight rating on the shares.
Fresnillo price target lowered to 3,400 GBp from 3,800 GBp at Berenberg
Berenberg lowered the firm’s price target on Fresnillo (FNLPF) to 3,400 GBp from 3,800 GBp and keeps a Hold rating on the shares.
Fresnillo price target raised to 2,690 GBp from 2,530 GBp at Morgan Stanley
Morgan Stanley raised the firm’s price target on Fresnillo (FNLPF) to 2,690 GBp from 2,530 GBp and keeps an Underweight rating on the shares.
Fresnillo Earnings Call Transcript: H2 2025
Record financial results driven by higher gold and silver prices, strong cost control, and operational stability. Major project pipeline and Probe Gold acquisition support future growth, while $950 million in dividends and a robust balance sheet highlight capital discipline.