Is Fresnillo a good buy?

Fresnillo has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.

Why is Fresnillo share price rising?

Silver mining company Fresnillo (LSE:FRES) is one of the biggest precious metal firms in the FTSE 100 index. Operating in Mexico, recently its share price has increased because of the tragic escalating military conflict in Ukraine.

Is Fresnillo undervalued?

Price to Book Ratio PB vs Industry: FRES is overvalued based on its Price-To-Book Ratio (2.1x) compared to the GB Metals and Mining industry average (1.4x).

Why has Fresnillo share price dropped?

Fresnillo shares drop after cutting production target Precious metals miner Fresnillo is one of today’s biggest fallers, with its share price down 3% at 630.4p, after it said annual silver and gold production would be at the lower end of an already reduced target range.

Why is centamin down?

Centamin plunges as production hit by mine trouble Shares in FTSE 250 gold miner Centamin (CEY) have plunged over 19% to 162p after ground movement forced it to close off an area of its Sukari mine, hurting its production output.

Why is Fresnillo down?

What does Fresnillo do?

Fresnillo plc is a Mexican precious metals mining company incorporated in the United Kingdom and headquartered in Mexico City. Fresnillo is the world’s largest producer of silver from ore (primary silver) and Mexico’s second-largest gold miner.

Is centamin worth investing in?

Is Centamin a buy right now? 6 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Centamin in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “buy” Centamin stock.

Is centamin undervalued?

The firm’s operating profits compared to its market cap is presently 19.7%, roughly a four-times multiple of what is reasonable in the market. All things considered, Centamin is considered a quality company that is undervalued and, perhaps, worthy of a second look.