FRESNILLO PLC (FRES) Shares

ABOUT FRESNILLO PLC

Fresnillo plc is a precious metals mining company – exploring, operating and developing silver and gold.

Its portfolio includes 21 exploration projects across Mexico. Fresnillo is the largest gold producer in Mexico and the largest silver producer in the world.

It owns seven operating mines (Fresnillo, Saucito, Ciénega, Herradura, Soledad-Dipolos, Noche Buena and San Julián Phase I and II), three exploration prospects as well as two development projects.

Fresnillo plc is a member of the FTSE 100 Index.

The company employs nearly 1 200 employees and an additional 2 200 contractors.

Its corporate headquarters is in London, United Kingdom, and its operational headquarters is in Mexico City, Mexico. 

OVERVIEW OF FRESNILLO PLC

• In 1960 a group of Mexican investors buys Peñoles, a mining company created in 1887. In 1961 Peñoles buys a 60 percent interest in Cia Fresnillo.
• BAL Group purchases controlling shares in Peñoles in 1967. Peñoles expands its operations during these years and in 1996 it buys the remaining 40 percent interest in Cia Fresnillo.
• By 2004 Fresnillo’s operations exceeds 7 000 tons per day, an increase from 4 500 tons per day.
• The company achieves great success and by 2007 its three mines produce nearly 280 000 ounces of gold, 20 tons of zinc, 20 tons of lead and 34.3 million ounces of silver.
• In 2008 Peñoles spins off its precious metals business to create the Fresnillo plc Group. It lists on the London Stock Exchange and has its initial public offering the same year.
• It has a secondary listing the same day on the Mexican Stock Exchange. More acquisitions follow and the company’s portfolio expands considerably.

VISION & VALUES OF FRESNILLO PLC

• Fresnillo plc values its employees’ health and safety. It ensures operations are safe and responsible with rules and procedures.

• The company operates sustainably and follows sound environmental management practices. Fresnillo is committed to minimizing its environmental impact by investing in conservation and reducing the use of non-renewable resources.

• Awards and recognitions that Fresnillo received during the years include a Mexican Confederation of Industrial Chambers (CONCAMIN) and Socially Responsible Company award.

• The company is named as a STOXX ESG leader and in the Ethibel Excellence Investment Register.

• It is also recognised as one of the top 70 most sustainable companies and received the Euronext-Vigeo EM 70 Index recognition.

MARKET PERFORMANCE OF FRESNILLO PLC

• Fresnillo plc trades on the Financial Times Stock Exchange under the FTSE stock symbol FRES.

• Data analysis for the company’s interim results for the six months ending 30 June 2019 reports adjusted revenues of US Dollar 1,069.0 million. Gross profit is US Dollar 205.5 million, and EBITDA is US Dollar 307.9 million. Profit for the period is US Dollar 70.9 million.

• Basic and diluted earnings from continuing operations are US Dollar 9.5 cents per share. Cash generated from operations is US Dollar 316.1 million.

• The company reports a strong balance sheet with cash and other liquid funds in the reported period of US Dollar 362.1 million. Interim dividends are US Dollar 19.2 million.

• Dividends per share are 2.6 cents. Silver production for the related period is 27.6 moz and gold production is 432 koz. Potential investors can buy shares now at an affordable price.

Buy FRESNILLO PLC stocks / shares – A Step by Step Guide how to Buy / Purchase FRESNILLO PLC Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy FRESNILLO PLC Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN FRESNILLO PLC STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE FRESNILLO PLC STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of FRESNILLO PLC stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy FRESNILLO PLC stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?