LSE:FRESMetals and Mining
Is Fresnillo (LSE:FRES) Pricing Look Stretched After Strong Multi Year Share Price Performance
If you are wondering whether Fresnillo’s recent share price puts it at a premium or a bargain, you are in the right place for a closer look at what that price might really represent.
The stock closed at £39.12 and, despite a 0.4% slip over the last week and a 2.1% decline over the last month, its returns of 16.7% year to date and around 4x over 1 and 3 years, and nearly 4x over 5 years, mean many investors are reassessing the balance between opportunity and risk.
Recent moves have come...