Fresnillo/£FRES

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About Fresnillo

Fresnillo plc is a Mexican-based precious metals mining company predominantly active in the extraction of silver and gold. The company focuses on its core operations located primarily in the state of Zacatecas, Mexico, where it manages several mines, including Fresnillo, Saucito, and Juanicipio. Founded in 2008 and headquartered in Mexico City, Fresnillo is part of the industrial metals and mining sector. It has a strategic position as one of the largest primary silver producers globally, with an emphasis on cost-effective extraction and extensive resource bases. Fresnillo's geographic presence in mining-friendly jurisdictions and its experience in large-scale operations underpin its competitive strengths.
Ticker
£FRES
Sector
Materials
Primary listing
LSE
Employees
7,348
Headquarters
Mexico City, Mexico

Fresnillo Metrics

BasicAdvanced
£22B
13.05
£2.29
0.70
£0.95
3.19%

What the Analysts think about Fresnillo

Analyst ratings (Buy, Hold, Sell) for Fresnillo stock.
Analyst projections of the future price of Fresnillo stock.

Bulls say / Bears say

Fresnillo’s H1 2026 revenues surged 74.7% year-on-year to US$3.38 billion, driven by elevated silver and gold prices. (Reuters)
Gross profit jumped 130.7% to US$2.36 billion, while EBITDA more than doubled to US$2.35 billion and margin expanded to 69.5%, underscoring robust operational leverage. (Reuters)
The Juanicipio mine’s gross profit contribution soared 147.8% to US$621.1 million in H1 2026, highlighting its rapid ramp-up and strategic value. (Reuters)
First-half attributable silver production fell 11.4% to 22.05 moz and gold output declined 7.3% to 290.9 koz, signalling operational headwinds in core assets. (Reuters)
Cash cost per equivalent silver ounce rose 37.2% to US$21.07, and all-in sustaining cost jumped 48.3% to US$32.87, which could pressure margins if metal prices soften. (Reuters)
Gold production at the Herradura mine dropped 15.1% due to a ball-mill fissure, delays in leaching-pad commissioning, and adverse weather, highlighting execution risks. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 19 Aug 2026.

Fresnillo Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Fresnillo Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by London Stock Exchange, through Infront.