Streetbeat News

FNLPF

Fresnillo Plc

http://www.fresnilloplc.com/

CEO

Octavio Alvidrez

Industry

Crushed and Broken Limestone Mining and Quarrying

Open

8.10

Mkt cap

6.3B

Volume

25K

High

8.55

P/E Ratio

26.72

52-wk high

10.25

Low

8.10

Div yield

0.01

52-wk low

5.51

Fresnillo PLC has announced potential changes to its Silverstream agreement due to production issues at the Sabinas mine, owned by its partner Peñoles. This has led to a 6% drop in Fresnillo's stock price.

Portfolio Pulse from

November 12, 2024 | 10:15 am

Coeur Mining, Inc. (NYSE:CDE) has acquired mining concessions near its Palmarejo gold-silver complex in Mexico from a subsidiary of Fresnillo plc (OTC:FNLPF) for $25 million in cash and future royalties. The concessions span nearly 7,000 acres and are adjacent to two primary zones within Palmarejo. The transaction is expected to increase Coeur's land holdings by 20% and create a contiguous district of over 70,000 acres. Coeur had $53.22 million in cash and equivalents as of September 30, 2023. CDE shares rose 0.99% to $2.5450.

Portfolio Pulse from Shivani Kumaresan

November 20, 2023 | 3:32 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.