Fresnillo on track as strong gold production offsets weaker silver

marketscreener
2025.10.22 08:45
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Fresnillo PLC reported third-quarter production aligned with expectations, despite a 6.6% drop in silver output to 11.7 million ounces. Gold production decreased by 4.1% to 151,256 ounces, but year-to-date output rose 8.8%. The company maintains its 2025 guidance for silver and gold production. Shares rose 3.2% to 2,180.00 pence, recovering from a 12% drop following declines in gold and silver prices. Fresnillo's stock has nearly tripled in the past year, benefiting from rising metal prices.

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