FRES Strong Buy...Swift rerate to short term target 765p Strong buy... Silver equivalent sales up circa 25% the decline in earnings has bottomed and FRES is now coming out the other side with the potential of some serious cash accruals.
5.50MXN
4.07 BMXN
47.07 BMXN
178.25 M
About FRESNILLO PLC
Sector
Industry
CEO
Octavio Alvidrez Cano
Website
Headquarters
Mexico City
Founded
2007
ISIN
GB00B2QPKJ12
FIGI
BBG000VJ1XL6
Fresnillo Plc is a holding company, which engages in the production of gold and silver. It operates through the following segments: Fresnillo, Saucito, Cienaga, Herradura, Noche Buena, and San Julian. The Fresnillo, and Saucito segments are located in the state of Zacatecas, an underground silver mine. The Cienega segment includes San Ramón satellite mine which are both located in the state of Durango, an underground gold mine. The Herradura, and Noche Buena segments are located in the state of Sonora, a surface gold mine. The San Julian segment operates on the border of Chihuahua/Durango states, an underground silver-gold mine. The company was founded on August 15, 2007 and is headquartered in Mexico City, Mexico.
Time & price target.When a diagonal pattern completes, it can retrace the entire move in between a third of the time and half of the time it took to form.
Let's see if this happens...
Is the ending diagnal pattern close to completion?As long as the price doesn't go lower than the £420–£415 level, then the ending diagnal pattern looks on. However, if the price breaks below that level, then another pattern could be playing out.
Ready for a big move. looks like it’s either completed an Ending Diagonal in a 5th wave or it needs one more move down for its completion.
Either way, with the massive negative divergence shown in the RSI, it looks ready for a big move up.
Fresnillo 250% upside minimumThe major Elliot Wave pattern suggests price will reach all time highs in the next gold bull market / cycle. I believe it is due and Fresnillo has probably bottomed.
There is a chance we could continue to have a few more weeks of weakness in Gold and Silver prices which is likely to send Fresnillo
Fresnillo: Bearish Success 💪🐻The Fresnillo-bears can announce a first success: Finally, the share has arrived at the support at GBP 610! Next, our furry friends should push Fresnillo below this mark to gather further downward momentum. Then, the share should also pass the support at GBP 456.60 to develop wave C in turquoise. Ho
$OTC:FNLP Key Support Line and Falling Wedge Pattern
Introduction
This concise analysis examines the silver chart, highlighting the significance of a key support line and the presence of a falling wedge pattern. These technical indicators provide insights into potential price movements and suggest a possible bullish outlook for silver.
Key Line o
Fresnillo: Easter Egg Hunt 🥚🐣🐰Has Fresnillo gotten lost, hunting for Easter eggs? We don’t think so! We rather understand the share to be swerving, interspersing its way with a little counter movement. Soon, the course should return to the main path and fall below both the supports at GBP 610 and GBP 456.60 to continue the desce
Fresnillo: Getting Down for Business 👇Since the end of wave B in turquoise, Fresnillo has been continually getting down for business. And the share should keep going as we expect it to march below both the supports at GBP 610 and at GBP 456.60. There is a 35% chance, though, that the course could turn upwards and climb above the resista
FRES- Going Long Perhaps not!It's amazing what looking on a larger time frame does, my long FRES position looks like a bad idea, and almost a mirror of what happened not so long ago. A brief bounce off of 800p and a big sell of after. Of course nothing is certain, but I'm revising my exit strategy so to speak (hopefully 860). N
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Frequently Asked Questions
The current price of FRES is 123.50 MXN — it hasn't changed in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BMV exchange FRESNILLO PLC stocks are traded under the ticker FRES.
FRESNILLO PLC is going to release the next earnings report on Jul 30, 2024. Keep track of upcoming events with our Earnings Calendar.
FRES stock is 0% volatile and has beta coefficient of 1.67. Check out the list of the most volatile stocks — is FRESNILLO PLC there?
One year price forecast for FRESNILLO PLC has a max estimate of 245.27 MXN and a min estimate of 102.88 MXN.
FRES earnings for the last quarter are 1.78 MXN whereas the estimation was 1.54 MXN which accounts for 15.56% surprise. Estimated earnings for the next quarter are 1.53 MXN. See more details about FRESNILLO PLC earnings.
FRESNILLO PLC revenue for the last quarter amounts to 27.16 B MXN despite the estimated figure of 27.12 B MXN. In the next quarter revenue is expected to reach 23.28 B MXN.
Yes, you can track FRESNILLO PLC financials in yearly and quarterly reports right on TradingView.
FRES stock hasn't changed in a week, the month change is a 14.35% rise, over the last year FRESNILLO PLC has showed a 26.05% decrease.
FRES net income for the last quarter is 2.92 B MXN, while the quarter before that showed 1.14 B MXN of net income which accounts for 155.65% change. Track more FRESNILLO PLC financial stats to get the full picture.
Today FRESNILLO PLC has the market capitalization of 93.69 B, it has increased by 9.09% over the last week.
FRESNILLO PLC dividend yield was 0.75% in 2023, and payout ratio reached 17.54%. The year before the numbers were 1.50% and 45.03% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, FRES shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade FRESNILLO PLC stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So FRESNILLO PLC technincal analysis shows the buy rating today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating FRESNILLO PLC stock shows the sell signal. See more of FRESNILLO PLC technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on FRESNILLO PLC future price: according to them, FRES price has a max estimate of 245.27 MXN and a min estimate of 102.88 MXN. Read a more detailed FRESNILLO PLC forecast: see what analysts think of FRESNILLO PLC and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. FRESNILLO PLC EBITDA is 11.90 B MXN, and current EBITDA margin is 25.25%. See more stats in FRESNILLO PLC financial statements.