Fresnillo Stock Rebounds, But Silver Output Drop Leaves a Bigger 2026 Question
Fresnillo shares closed at 3,255p on Friday, up 0.62%, following a 3.95% rebound Thursday. First-quarter silver output fell 8.5% from the previous quarter to 11.1 million ounces, but the company maintained its 2026 production guidance. Silver futures rose 3.23% Friday, supporting mining stocks. Work on the Jarillas shaft at Saucito remains on track for completion later this year.