Metal Ore Mining

Fresnillo PLC

LaFleur Minerals Agrees to Acquire McKenzie East Gold Project in Quebec

Fresnillo PLC Acquires Probe Gold Inc. to Boost Gold Resources

Fresnillo To Sell MAG Silver Shares and Juanicipio Partnership

FRES

Fresnillo plc (LON:FRES) saw a 10.4% increase in trading, reaching GBX 3,437.71. Despite this rise, trading volume dropped by 85% compared to the average. Analysts have mixed views: JPMorgan lowered its price target to GBX 5,400, while Citigroup raised theirs to GBX 5,000, maintaining a "buy" rating. The stock holds an average rating of "hold" with a target price of GBX 3,988. Fresnillo is the largest silver producer globally and focuses on developing low-cost mining projects.

Market Beat

JPMorgan Chase

Citigroup

ROYAL BANK OF CANADA

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

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JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Fresnillo (LON:FRES) Trading Up 10.4%  - What's Next?

Fresnillo plc's share price has surpassed its 200-day moving average of GBX 3,240.35, reaching a high of GBX 3,266 during trading. Currently, shares are priced at GBX 3,115 with a trading volume of 745,522. Analysts have mixed ratings, with a consensus rating of 'Hold' and a price target of GBX 3,988. The company, a leading silver and gold producer, has a market cap of £24.16 billion and focuses on developing low-cost mining projects. Despite its current hold rating, some analysts suggest alternative stocks may be better investments.

Fresnillo (LON:FRES) Shares Pass Above 200-Day Moving Average   - What's Next?

Fresnillo PLC (OTCMKTS:FNLPF) shares gapped down from $46.21 to $43.89 before market opening. Analysts have mixed ratings: Citigroup maintains a "buy," while Morgan Stanley has an "underweight" rating. Berenberg and Zacks downgraded their ratings to "hold." Currently, the consensus rating is "Reduce" with one buy, six holds, and two sells. Fresnillo is a leading silver and gold mining company, focusing on production and exploration.

Morgan Stanley

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MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

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MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

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Fresnillo (OTCMKTS:FNLPF) Shares Gap Down   - Here's Why

PSLV

Berenberg Bank has reaffirmed a "hold" rating for Fresnillo (LON:FRES) with a target price of GBX 3,400, indicating a potential downside of 0.32%. Other firms have varied opinions, with Citigroup raising its target to GBX 5,000 and JPMorgan lowering it to GBX 5,400. Fresnillo's stock traded down to GBX 3,411, with a market cap of £25.14 billion and a consensus rating of "Hold". The company is the largest silver producer globally and focuses on developing low-cost precious metal mines.

Sprott PHYs Silver

iShares Silver Tr

Fresnillo (LON:FRES) Receives "Hold" Rating from Berenberg Bank

SIVR

SLVP

SLVR

Morgan Stanley analyst Ioannis Masvoulas has maintained a Sell rating on Fresnillo with a price target of p2,400.00. The rating is based on Fresnillo's operational disruptions and modest cash flow yield, which is estimated at about 6% for 2026. First-quarter silver-equivalent output fell short of expectations due to weaker grades and issues at key mines. Masvoulas prefers Endeavour Mining for its higher free cash flow yield, despite Fresnillo's stable medium-term guidance and temporary operational challenges.

Tip Ranks

Abrdn Silver ETF Trust

iShares MSCI Global Silver Miners

Global X Silver Miner

Sprott Silver Mnrs & Physical Silver ETF

WisdomTree Silver

Sell Rating on Fresnillo: Modest Cash Flow Yield and Operational Disruptions Drive Preference for Higher-Yield Peers

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’s quarterly silver production slips

The FTSE 100 index fell 0.73% to 10,589.28 amid rising oil prices and U.S.-Iran tensions, raising inflation concerns. Key losers included Antofagasta (-4.55%), Fresnillo (-2.7%), and airline stocks IAG and EasyJet. Energy stocks BP and Shell gained 3.1% and 2.3%, respectively, while engineering firm Renishaw saw a 7% increase after raising revenue forecasts.

Fresnillo PLC(FRES.UK)

Fresnillo (LON:FRES) Trading Up 10.4% - What's Next?

Fresnillo (LON:FRES) Shares Pass Above 200-Day Moving Average - What's Next?

Fresnillo (OTCMKTS:FNLPF) Shares Gap Down - Here's Why

Fresnillo (LON:FRES) Receives "Hold" Rating from Berenberg Bank

Sell Rating on Fresnillo: Modest Cash Flow Yield and Operational Disruptions Drive Preference for Higher-Yield Peers

Fresnillo’s quarterly silver production slips

FTSE 100 Moderately Lower; Miners, Banks Fall