LSE:FRESMetals and Mining
Fresnillo Guidance Cut Puts Focus On Valuation And Volatile Share Price
Fresnillo (LSE:FRES) has cut its 2025 production guidance after reporting lower silver and gold output.
The company links the change to operational adjustments at its Fresnillo mine that are affecting ore processing and grade.
The updated guidance reflects a response to current mine performance rather than external market factors.
The move comes with Fresnillo shares at around £37.02, after a sharp 11.2% decline over the past week but a gain of 11.0% over the past month. Over longer...