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Fresnillo

Current Price 862.40p Bid 865.00p Ask 865.20p Change 1.76%
Last Updated: 18/11/2018 06:50. Prices delayed by at least 15 minutes.
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Company Overview

Fresnillo plc is the world's largest primary silver producer and Mexico's largest gold producer. It has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Cienega (including the San Ramon satellite mine), Herradura, Soledad-Dipolos1, Noche Buena and San Julian (phase I and II), two development projects - the Pyrites plant, and second line of DLP at Herradura, and four advanced exploration projects - Orisyvo, Juanicipio, Las Casas Rosario & Cluster Cebollitas and Centauro Deep, as well as a number of other long term exploration prospects. In total, Fresnillo plc has mining concessions covering approximately 1.8 million hectares in Mexico. Fresnillo plc has a strong and long tradition of mining, a proven track record of mine development, reserve replacement, and production costs in the lowest quartile of the cost curve for silver. Fresnillo plc's goal is to maintain the Group's position as the world's largest primary silver company, producing 65 million ounces of silver per year by 2018, having already surpassed the gold target of 750,000 ounces.

Financial Highlights Year Ended 31/12/2017

Turnover
£2,093.31m
Operating Profit
£709.31m
Dividend Yield
3.05
Dividend Per Share
40.40
Dividend Cover
1.88
P/E Ratio
11.17

Key Personnel

Alberto Baillères
Non-Executive Chairman
Victor Alberto Tiburcio
Non-Executive Director
Fernando Benjamin Ruiz
Non-Executive Director
Jaime Serra Puche
Non-Executive Director
Dame Judith Anne MacGregor
Non-Executive Director
Jaime Lomelín
Non-Executive Director
Barbara Garza Laguera
Non-Executive Director
Alejandro Baillères
Non-Executive Director
Juan Bordes
Non-Executive Director
Arturo Fernandez
Non-Executive Director
Charles Richard Jacobs
Non-Executive Director
Georgina Yamilet Kessel
Non-Executive Director

Stock Details

EPIC
FRES
ISIN
GB00B2QPKJ12
Shares in Issue
736,893,589
Market cap
£6,263.60m
Sector

Analyst Views (9)

Strong Buy
 
44.44%
Buy
 
0.00%
Hold
 
55.56%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
865.00p
Bid Price
865.00p
Ask Price
865.20p
Volume
2425956
Change Today
15.00p
% Change Today
1.76%
Open
855.60p
Previous Close
865.00p
Intraday High
868.00p
Intraday Low
106.50p
52 Week High
1461.00p
52 Week Low
755.80p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Fresnillo Intra-day Chart

Fresnillo News

News in this section is provided by MoneyAM

Broker Forecast - Goldman Sachs issues a broker note on Fresnillo PLC 29 Oct 2018 | 11:10 Broker Forecast - JP Morgan Cazenove issues a broker note on Fresnillo PLC 25 Oct 2018 | 09:40 FTSE takes advantage of falling pound as concerns over Brexit rise 24 Oct 2018 | 16:50 FTSE back above 7,000 as no deal Brexit fears put sterling under pressure 24 Oct 2018 | 11:54 UK stocks open 0.5% higher on pound weakness 24 Oct 2018 | 09:00 Fresnillo upgrades gold output guidance, trims silver 24 Oct 2018 | 07:50 Broker Forecast - Jefferies International issues a broker note on Fresnillo PLC 17 Oct 2018 | 10:10 Broker Forecast - Citigroup issues a broker note on Fresnillo PLC 17 Oct 2018 | 09:30 Broker Forecast - RBC Capital Markets issues a broker note on Fresnillo PLC 15 Oct 2018 | 08:30 Broker Forecast - Barclays Capital issues a broker note on Fresnillo PLC 12 Oct 2018 | 09:20 Broker Forecast - UBS issues a broker note on Fresnillo PLC 27 Sep 2018 | 09:50 Broker Forecast - Morgan Stanley issues a broker note on Fresnillo PLC 14 Aug 2018 | 08:40 Broker Forecast - JP Morgan Cazenove issues a broker note on Fresnillo PLC 08 Aug 2018 | 08:40 Broker Forecast - Goldman Sachs issues a broker note on Fresnillo PLC 06 Aug 2018 | 16:10 Fresnillo lowers outlook on silver production as H1 profits slide 31 Jul 2018 | 09:43 Broker Forecast - Numis issues a broker note on Fresnillo PLC 26 Jul 2018 | 10:10 UK stocks open 0.3% lower as trade tensions weigh 25 Jul 2018 | 09:04 Fresnillo gold, sliver output climbs in Q2 25 Jul 2018 | 08:25 Broker Forecast - Barclays Capital issues a broker note on Fresnillo PLC 18 Jul 2018 | 09:00 Broker Forecast - Credit Suisse issues a broker note on Fresnillo PLC 05 Jul 2018 | 10:10 Broker Forecast - Morgan Stanley issues a broker note on Fresnillo PLC 29 Jun 2018 | 08:30 Broker Forecast - Citigroup issues a broker note on Fresnillo PLC 26 Apr 2018 | 14:40 Fresnillo full year guidance unchanged as gold, silver production rises 25 Apr 2018 | 08:32 Broker Forecast - JP Morgan Cazenove issues a broker note on Fresnillo PLC 09 Apr 2018 | 10:10 Broker Forecast - Numis issues a broker note on Fresnillo PLC 28 Feb 2018 | 12:30 Broker Forecast - Citigroup issues a broker note on Fresnillo PLC 28 Feb 2018 | 09:10 Fresnillo profit grows as silver production hits record highs 27 Feb 2018 | 09:15 Broker Forecast - Numis issues a broker note on Fresnillo PLC 25 Jan 2018 | 11:30 Broker Forecast - Citigroup issues a broker note on Fresnillo PLC 25 Jan 2018 | 10:00 FTSE struggles as sterling remains on winning streak 24 Jan 2018 | 16:57

Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Tangible Assets
2,448.6
2,180.2
Intangible Assets & Goodwill
506.6
438.8
Investments & Other Non-Current Assets
288.9
246.5
Total Non-Current Assets
3,244.1
2,865.5
Inventory
179.5
187.5
Trade & Receivables
342.5
286.7
Cash & Receivables
876.0
712.0
Other Current Assets & Assets Held for Resale
95.8
238.2
Total Assets
4,738.0
4,289.8

Liabilities (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Short Term Liabilities
172.4
154.1
Long Term Liabilities
1,498.9
1,419.3
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
1,671.4
1,573.4

Net Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Net Assets
3,066.6
2,716.4

Equity (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Share Capital
368.6
368.6
Minority Interests
55.3
36.2
Retained Earnings
1,962.7
1,637.9
Share Premium Account
1,153.8
1,153.8
Other Equity
-473.7
-480.0
Total Equity
3,066.6
2,716.4

Cashflow (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Cashflow from Operating Activities
761.5
898.0
Cashflow Before Financing
421.7
440.1
Increase / Decrease in Cash
168.5
331.2

Income (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Turnover
2,093.3
1,905.5
Cost of Sales
1,167.9
1,023.4
Gross Profit
925.4
882.1
Operating Profit
709.3
676.5
Pre-Tax Profit
741.5
718.2
Profit / Loss for the Year
560.8
425.0

Dividend History

Data has been provided by MoneyAM

Period
Ex-Dividend Date
Payment Date
H1 Dividend
09 Aug 2018
07 Sep 2018
H2 Dividend
26 Apr 2018
04 Jun 2018
H1 Dividend
10 Aug 2017
08 Sep 2017
H2 Dividend
27 Apr 2017
28 May 2017
H1 Dividend
11 Aug 2016
09 Sep 2016
H2 Dividend
21 Apr 2016
09 May 2016
H1 Dividend
13 Aug 2015
10 Sep 2015
H2 Dividend
30 Apr 2015
22 May 2015
H1 Dividend
13 Aug 2014
11 Sep 2014
H2 Dividend
30 Apr 2014
22 May 2014
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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