Fresnillo (LON:FRES) Shares Pass Above 200 Day Moving Average – Time to Sell?

Fresnillo plc (LON:FRES)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 2,831.05 and traded as high as GBX 4,163. Fresnillo shares last traded at GBX 4,120, with a volume of 2,351,503 shares traded.

Fresnillo News Roundup

Here are the key news stories impacting Fresnillo this week:

• Positive Sentiment: Record earnings and cash generation — Fresnillo reported a significant annual profit surge driven by higher gold and silver prices, with non‑GAAP EPS and revenue beating expectations, which supports near‑term cash flow. Fresnillo plc Non-GAAP EPS of $2.06, revenue of $4.56B beats by $200M; gives 2026 outlook and longer-term prospects
• Positive Sentiment: Historic dividend payout — Management announced the highest dividend in the company’s history (a record full‑year dividend), returning substantial cash to shareholders and supporting income-focused investor demand. Fresnillo stuns market with highest dividend payout in its history
• Positive Sentiment: Commodity tailwinds — Reports emphasize that elevated gold and silver prices were the primary drivers of the profit jump, demonstrating the company’s leverage to precious‑metals rallies. Fresnillo profits surge on higher gold, silver prices
• Neutral Sentiment: Company outlook given — Management provided a 2026 outlook and commentary on longer‑term prospects; while constructive on price exposure, guidance includes caveats tied to production trends and project timelines. Fresnillo plc Non-GAAP EPS of $2.06, revenue of $4.56B beats by $200M; gives 2026 outlook and longer-term prospects
• Negative Sentiment: Production warnings and sustainability concerns — Management warned that output trends are weakening and flagged risks to near‑term production, prompting questions about whether the record dividend is maintainable if volumes fall. Fresnillo’s Record Dividend Tests Sustainability As Production Trends Weaken
• Negative Sentiment: Market reaction: profit not enough to offset output fears — Coverage notes that despite “shining” profits, investors sold the stock on the production caveats, driving the share decline. Fresnillo shares slide as shining profit fails to offset fears in production

Analysts Set New Price Targets

A number of research firms have weighed in on FRES. Citigroup lifted their price target on shares of Fresnillo from GBX 4,000 to GBX 4,600 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. JPMorgan Chase & Co. reduced their price objective on shares of Fresnillo from GBX 4,700 to GBX 4,500 and set an “overweight” rating for the company in a report on Monday, February 2nd. Finally, Berenberg Bank lowered shares of Fresnillo to a “hold” rating and increased their price target for the stock from GBX 3,400 to GBX 3,800 in a research report on Thursday, February 5th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of GBX 3,348.

Fresnillo Stock Down 1.1%

The company has a market cap of £28.39 billion, a P/E ratio of 62.33, a PEG ratio of -1.58 and a beta of 0.56. The company has a quick ratio of 3.28, a current ratio of 5.09 and a debt-to-equity ratio of 22.45. The firm has a fifty day moving average price of GBX 3,796.48 and a 200 day moving average price of GBX 2,853.58.

Fresnillo Company Profile

Fresnillo plc is the world’s largest silver producer and Mexico’s largest gold producer, listed on the London and Mexican stock exchanges.
The Group seeks to create value for stakeholders across precious metal cycles, focusing on high-potential silver and gold projects that can be developed into low cost, world-class mines.
Following a decade of consistent and successful progress, the Group is now focused on consolidating its growth and advancing its pipeline in order to deliver further growth in the years ahead.