# Fresnillo Plc -1.1% potential downside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/fresnillo-plc-1.1-potential-downside-indicated-by-berenberg-bank/4121176191
- Published: 2024-11-04T13:46:46+00:00
- Author: Charlotte Edwards

**[Fresnillo Plc](https://www.directorstalkinterviews.com/ftse-company/fresnillo-plc/fres.l)**
with ticker (LON:FRES) now has a potential downside of -1.1% according to Berenberg
Bank.
FRES.LBerenberg Bank set a target price of 720 GBX for the company, which 
when compared to the Fresnillo Plc share price of 728 GBX at opening today (04/11/
2024) indicates a potential downside of -1.1%. Trading has ranged between 435 (52
week low) and 782 (52 week high) with an average of 1,170,251 shares exchanging 
hands daily. The market capitalisation at the time of writing is £5,365,313,636.
Fresnillo plc is a holding company. Through its subsidiaries, the Company is engaged
in the mining and beneficiation of non-ferrous minerals, and the sale of related
production. The primary contents of this production include silver, gold, lead and
zinc. The Company has seven operating mines: Fresnillo, located in the State of 
Zacatecas, which is primary silver mine; Saucito, located in the State of Zacatecas,
an underground silver mine; Cienega, located in the State of Durango, an underground
gold mine, including the San Ramon satellite mine; Herradura, located in the State
of Sonora, a surface gold mine; Soledad-Dipolos mine, located in the State of Sonora,
a surface gold mine; Noche Buena, located in State of Sonora, a surface gold mine,
and San Julian, an underground gold and silver miner. The Company owns a number 
of subsidiaries in South and North America.

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