London, February 15, 2026, 14:19 GMT — Market closed
Fresnillo finished Friday’s session at 3,858 pence (£38.58), up 2.4% for the day after a week that saw sharp moves for precious-metals names. Shares in Fresnillo have climbed roughly 16% in 2024, and soared more than 380% over the last 52 weeks, according to FTSE Russell data. (London Stock Exchange API)
Gold and silver bounced sharply Friday, lifted by a cooler U.S. consumer price index that put Fed rate cuts squarely back on the table. Spot gold jumped 2.1% to $5,022 an ounce. Silver didn’t lag, surging 3.4% to reach $77.70. Traders now see about 63 basis points of easing this year, according to LSEG data—first cut likely in July. “Gold, and particularly silver, is enjoying a relief rally after a mild January CPI reading eased nerves,” said Tai Wong, an independent metals trader. (Reuters)
It’s a big deal for Fresnillo, since its earnings are quick to react when bullion shifts. Lately, the stock’s basically been a supercharged wager on silver — swings in the metal have been hitting the miners fast.
According to Investegate’s company profile, this Mexico-focused miner stands as the world’s top primary silver producer and ranks second for gold mining in the country. The RNS archive shows the latest company update was the Jan. 28 production report. (Investegate)
Fresnillo outpaced the wider market on Friday as the FTSE 100 posted a 0.42% rise for the day. Still, shares are sitting roughly 14% under their 52-week peak of £44.72, set back on Jan. 26. (MarketWatch)
Peer names showed comparable action. Endeavour Mining, which trades in London and focuses on precious metals, tacked on 3.34% Friday. (MarketWatch)
Fresnillo saw turnover reach £19.2 million on Friday, as around 1.64 million shares changed hands, according to London Stock Exchange data. (London Stock Exchange)
The next move depends on execution, not just where metal prices go. In its Jan. 28 report, Fresnillo lowered its 2026 silver forecast to 42–46.5 million ounces, down from the previous 45–51 million, and trimmed projected gold output to 500,000–550,000 ounces. The company cited changes in mine plans and timing of projects. Chief Executive Octavio Alvídrez said operational discipline and efficiency are front and center for the group heading into 2026. (Fresnillo plc)
Once the London market opens, Fresnillo shareholders will be looking to see if bullion’s bounce sticks. Next up: full-year 2025 (FY25) preliminary numbers, set for March 3. Then comes the first-quarter production update, scheduled April 22, according to its financial calendar. (Fresnillo plc)
