Fresnillo Plc (FNLPF)
OTC PINK OTC PINK Primary Summary
Fresnillo tops the FTSE 100 as silver hits new record
Precious metals stocks were given a lift on Friday. Fresnillo PLC (LSE:FRES) jumped 5%, topping the FTSE 100 risers.
Are Basic Materials Stocks Lagging Fresnillo (FNLPF) This Year?
Here is how Fresnillo PLC (FNLPF) and New Pacific Metals Corp. (NEWP) have performed compared to their sector so far this year.
Fresnillo higher as silver builds on gains ahead of Fed decision
Fresnillo PLC (LSE:FRES) was among the FTSE 100's top risers in morning trading as silver surged to a record high, lifted by expectations of a US interest rate cut and strong industrial demand for the metal. Spot silver crossed $60 an ounce for the first time on Tuesday, extending a rally that has already more than doubled its price this year.
Fresnillo Plc (FNLPF) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
When is the next earnings date?
Has Fresnillo Plc ever had a stock split?
Fresnillo Plc Profile
| Metals & Mining Industry | Materials Sector | Mr. Octavio M. Alvidrez CEO | OTC PINK Exchange | GB00B2QPKJ12 ISIN |
| MX Country | 7,179 Employees | 22 Apr 2025 Last Dividend | - Last Split | - IPO Date |
Overview
Fresnillo plc operates within the non-ferrous mineral mining sector, focusing on the exploration, development, and production of minerals in Mexico. With its establishment dating back to 1887 and headquarters in Mexico City, Mexico, the company has grown to manage operations through its seven key segments: Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and Juanicipio. These segments encompass a range of geographical locations and mineral focuses across the country. Fresnillo plc is recognized as a subsidiary of Industrias Peñoles, S.A.B. de C.V., signaling its significant presence in the mining industry and its contribution to the broader economy through its parent company's operations.
Products and Services
- Exploration and Production of Silver:
Through its Fresnillo, Saucito, San Julián, and Juanicipio mines, Fresnillo plc specializes in the exploration and production of silver, one of its primary commodities. The mines are strategically located in the states of Zacatecas, Chihuahua, and Durango, tapping into some of Mexico's richest silver deposits.
- Gold Mining:
The company operates significant gold production operations through its Ciénega, Herradura, Noche Buena, and San Julián mines. These facilities are situated in Durango, Sonora, and on the border of Chihuahua/Durango, emphasizing the company’s role in contributing to Mexico's standing in the global gold market.
- Lead and Zinc Concentrates:
In addition to precious metals like silver and gold, Fresnillo plc is also involved in the mining of lead and zinc concentrates, leveraging its diverse mining portfolio to meet global demand for these essential industrial metals.
- Leasing of Mining Equipment:
Fresnillo plc extends its operations beyond mineral extraction, offering leasing of mining equipment. This service facilitates the operations of other mining entities and projects, ensuring the availability of high-quality, efficient machinery for the mining sector.
- Production of Gold/Silver Doré Bars:
The company’s capability includes the production of gold/silver doré bars, a semi-pure alloy of gold and silver, which is then further refined. This process highlights Fresnillo plc's integrated approach to mining, from extraction to preliminary processing.
- Administrative Services:
Apart from its operational capabilities, Fresnillo plc provides a range of administrative services. These services support the logistical, regulatory, and management needs of its mining operations, ensuring efficient and compliant business practices.
Contact Information
