Fresnillo (FRES)

Up
Share Price:
3,266.00p
Market Cap:
£24,067m
Change Today:
98.00p
Sector:
Mining

Fresnillo profits surge on higher gold, silver prices

By Frank Prenesti

Date: Tuesday 03 Mar 2026

LONDON (ShareCast) - (Sharecast News) - Fresnillo on Monday reported record full-year profits on the back of higher gold and silver prices but said production would be lower in 2026.
Pre-tax profit for the 12 months to December 31 rose 179% to $2bn. Adjusted revenues increased 27.6% to $4.6bn and core earnings were up 80.7% to $2.8bn.

The average silver price rose more than 50% during the year, while gold prices surged 44% as geopolitical tensions drove investors to seek safe havens in precious metals.

Shareholders were rewarded with a record total dividend of 128.92 cents a share, compared with 32.5 cents in 2024.

Silver production fell 13% to 48.7 million ounces - in line with guidance - while gold output was down 5% to 600,287 ounces, still beating guidance of 525,000 - 580,000 ounces.

Fresnillo forecast attributable silver production in a range of 42.0 to 46.5 moz and gold production expected to be in the range of 500 to 550 koz.

Reporting by Frank Prenesti for Sharecast.com



Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Fresnillo Market Data

Currency UK Pounds
Price 3,266.00p
Change Today 98.00p
52 Week High 4,448.00p
52 Week Low 1,671.00p
Volume 523,937
Shares Issued 736.89m
Market Cap £24,067m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. full market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
Income
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. full market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
P/E
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector