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Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. It operates through seven segments: Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and Juanicipio. The company primarily explores for silver, gold, lead, and zinc concentrates. Its projects include the Fresnillo silver mine located in the state of Zacatecas; Saucito mine situated in the state of Zacatecas; Ciénega mine located in the state of Durango; Herradura mine located in the state of Sonora; Noche Buena mine located in the state of Sonora; San Julián mine situated on the border of Chihuahua/Durango states; and Juanicipio mine located in the state of Zacatecas. The company also leases mining equipment; produces lead, silver and zinc concentrates and silver precipitates; produces gold/silver doré bars; mines projects; and provides exploration and administrative services. Fresnillo plc was founded in 1887 and is headquartered in Mexico City, Mexico. Fresnillo plc is a subsidiary of Industrias Peñoles, S.A.B. de C.V.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Fresnillo plc is a Mexico-focused precious metals producer, the world's largest primary silver miner and a significant gold producer operating a portfolio of mines and exploration projects. Major long-term growth drivers include metal prices, exploration-led reserve replacement and development of near‑mine projects, and the company may benefit from scale-driven cost efficiencies.
Principal risks are volatile silver and gold prices, concentration of assets in Mexico with associated regulatory, tax and security exposure, operational and reserve-replacement execution risk, and sensitivity to energy and input-cost inflation.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 2128.29M | 743.90M | 114.02M | 248.57M | 611.53M |
| Minority interest | -189.84M | -85.77M | -54.39M | -36.39M | -17.29M |
| Net income | 1414.77M | 140.92M | 233.91M | 271.90M | 421.21M |
| Selling general administrative | 185.01M | 109.51M | 136.78M | 98.37M | 104.96M |
| Selling and marketing expenses | - | 46.15M | 34.02M | 25.62M | 25.04M |
| Gross profit | 2472.39M | 1246.27M | 503.24M | 536.02M | 936.92M |
| Reconciled depreciation | 491.64M | 620.87M | 498.47M | 501.77M | 529.39M |
| Ebit | 2274.50M | 732.95M | 198.56M | 283.59M | 666.73M |
| Ebitda | 2800.28M | 1348.53M | 697.03M | 821.75M | 1197.23M |
| Depreciation and amortization | 525.78M | 615.59M | 498.47M | 538.15M | 530.49M |
| Operating income | 2274.50M | 915.53M | 168.59M | 283.59M | 666.73M |
| Other operating expenses | 2338.81M | 2580.86M | 2562.59M | 2136.37M | 2040.27M |
| Interest expense | 47.21M | 47.56M | 84.54M | 78.88M | 60.91M |
| Tax provision | 508.15M | 517.21M | -174.28M | -59.72M | 173.04M |
| Interest income | 87.94M | 45.33M | 50.07M | 25.46M | 8.80M |
| Net interest income | 24.01M | -26.64M | -38.22M | -55.16M | -52.88M |
| Income tax expense | 519.45M | 517.21M | -174.28M | -59.72M | 173.04M |
| Total revenue | 4613.32M | 3496.39M | 2705.09M | 2432.99M | 2703.09M |
| Total operating expenses | 197.89M | 330.75M | 334.65M | 239.40M | 274.10M |
| Cost of revenue | 2140.92M | 2250.11M | 2201.85M | 1896.97M | 1766.17M |
| Total other income expense net | -146.22M | -171.62M | -54.57M | -35.02M | -55.20M |
| Net income from continuing ops | 1573.83M | 226.69M | 288.30M | 308.29M | 438.50M |
| Net income applicable to common shares | - | - | - | 271.90M | 421.21M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 7290.90M | 5880.46M | 5737.61M | 5914.28M | 5767.47M |
| Intangible assets | - | - | 306.67M | - | - |
| Other current assets | 33.61M | 147.53M | 541.43M | 475.38M | 456.95M |
| Total liab | 2208.10M | 1670.09M | 1670.41M | 1997.34M | 1964.80M |
| Total stockholder equity | 4640.30M | 3855.34M | 3771.85M | 3685.73M | 3618.12M |
| Other current liab | 728.31M | 102.61M | 125.88M | 215.44M | 226.11M |
| Common stock | 369.14M | 368.55M | 368.55M | 368.55M | 368.55M |
| Capital stock | 368.55M | 368.55M | 368.55M | 368.55M | 368.55M |
| Retained earnings | 3625.10M | 2800.96M | 2737.96M | 2612.47M | 2543.09M |
| Other liab | - | - | - | 362.96M | 332.21M |
| Other assets | - | - | -2.17M | 952.72M | 715.45M |
| Cash | 2668.00M | 1110.41M | 534.58M | 969.06M | 1235.28M |
| Total current liabilities | 934.20M | 368.58M | 372.02M | 687.93M | 468.90M |
| Current deferred revenue | - | - | 0.53M | - | - |
| Net debt | -1815.67M | -256.96M | 414.37M | 309.59M | 41.01M |
| Short term debt | 4.87M | 6.37M | 77.45M | 332.20M | 112.60M |
| Short long term debt | 0.00M | 2.06M | 72.63M | 326.99M | 107.92M |
| Short long term debt total | 852.33M | 853.46M | 948.95M | 1278.65M | 1276.29M |
| Other stockholder equity | 1155.66M | 1153.82M | 1153.13M | 704.72M | 706.49M |
| Property plant equipment | - | - | - | 2862.56M | 2799.07M |
| Total current assets | 4059.93M | 2442.53M | 1539.02M | 1940.18M | 2088.42M |
| Net tangible assets | - | - | - | 3685.73M | 3618.12M |
| Short term investments | 92.88M | 187.40M | 446.53M | - | - |
| Net receivables | 831.91M | 584.77M | 0.03M | 275.84M | 401.42M |
| Long term debt | 839.93M | 839.51M | 861.73M | 936.53M | 1157.55M |
| Inventory | 433.53M | 412.42M | 462.97M | 495.74M | 396.18M |
| Accounts payable | 201.02M | 110.89M | 118.11M | 140.30M | 130.19M |
| Accumulated other comprehensive income | -509.59M | -467.98M | -487.78M | - | - |
| Non currrent assets other | 73.49M | 292.56M | 739.62M | 767.85M | 812.67M |
| Non current assets total | 3230.97M | 3437.93M | 4198.59M | 3974.10M | 3679.05M |
| Capital lease obligations | 11.05M | 11.89M | 14.59M | 15.13M | 10.83M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 357.20M | -465.46M | -369.53M | -514.18M | -501.56M |
| Change to liabilities | - | - | - | 40.28M | 19.25M |
| Total cashflows from investing activities | -26.73M | -465.46M | -369.53M | -514.18M | -501.56M |
| Net borrowings | -2.06M | -92.36M | -328.12M | -6.99M | 35.69M |
| Total cash from financing activities | -781.46M | -248.28M | -495.83M | -254.11M | -227.32M |
| Change to operating activities | - | - | - | -14.06M | -2.23M |
| Net income | 1414.77M | 226.69M | 288.30M | 308.29M | 438.50M |
| Change in cash | 1558.74M | 575.83M | -434.48M | -266.22M | 164.87M |
| Begin period cash flow | 1109.26M | 534.58M | 969.06M | 1235.28M | 1070.41M |
| End period cash flow | 2668.00M | 1110.41M | 534.58M | 969.06M | 1235.28M |
| Total cash from operating activities | 2395.06M | 1299.80M | 425.92M | 502.19M | 895.14M |
| Issuance of capital stock | 0.28M | 0.00M | - | 10.14M | 31.89M |
| Depreciation | 525.78M | 620.87M | 498.47M | 501.77M | 529.39M |
| Other cashflows from investing activities | 87.86M | 58.90M | 76.03M | 76.59M | 84.44M |
| Dividends paid | 668.86M | 78.11M | 108.35M | -201.95M | -245.56M |
| Change to inventory | -20.88M | 50.56M | 54.63M | -99.56M | -44.60M |
| Change to account receivables | -212.92M | -196.20M | -45.60M | 7.20M | 85.58M |
| Other cashflows from financing activities | -110.49M | -77.81M | -53.30M | -52.29M | -13.64M |
| Change to netincome | - | - | - | -205.34M | -113.46M |
| Capital expenditures | 409.04M | 370.54M | 483.41M | 592.13M | 592.05M |
| Change in working capital | -143.16M | -162.91M | 20.63M | -66.14M | 58.00M |
| Stock based compensation | 15.86M | 13.61M | 2.39M | 9.84M | 16.66M |
| Other non cash items | 827.46M | 601.55M | -383.86M | -251.57M | 52.86M |
| Free cash flow | 1986.02M | 929.26M | -57.49M | -89.94M | 303.09M |
Sector: Basic Materials Industry: Other Precious Metals & Mining
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| FNLPF Fresnillo PLC |
-0.74 2.37% |
30.44 | 12.70 | 13.95 | 4.78 | 5.66 | 4.56 | 6.65 |
| AGPPF Anglo American Platinum Limited |
3.44 5.30% |
68.32 | 26.95 | 10.44 | 0.22 | 4.16 | 3.38 | 12.41 |
| ANGPY Valterra Platinum Limited |
-0.09 0.82% |
10.94 | 25.75 | 10.13 | 0.21 | 4.04 | 3.38 | 12.41 |
| IMPUF Impala Platinum Holdings Limited |
0.31 3.08% |
10.37 | 6.72 | 11.60 | 0.09 | 1.80 | 1.38 | 3.43 |
| HL Hecla Mining Company |
-0.33 2.44% |
13.21 | 22.78 | 26.53 | 7.18 | 4.72 | 6.98 | 12.89 |
Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. It operates through seven segments: Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and Juanicipio. The company primarily explores for silver, gold, lead, and zinc concentrates. Its projects include the Fresnillo silver mine located in the state of Zacatecas; Saucito mine situated in the state of Zacatecas; Ciénega mine located in the state of Durango; Herradura mine located in the state of Sonora; Noche Buena mine located in the state of Sonora; San Julián mine situated on the border of Chihuahua/Durango states; and Juanicipio mine located in the state of Zacatecas. The company also leases mining equipment; produces lead, silver and zinc concentrates and silver precipitates; produces gold/silver doré bars; mines projects; and provides exploration and administrative services. Fresnillo plc was founded in 1887 and is headquartered in Mexico City, Mexico. Fresnillo plc is a subsidiary of Industrias Peñoles, S.A.B. de C.V.
Calzada Legaria No. 549, Mexico City, DF, Mexico, 11250
52 55 5279 3000
7348
| Name | Title | Year Born |
|---|---|---|
| Mr. Octavio M. Alvidrez | Chief Exec. Officer | 1965 |
| Mr. Mario Arreguin | Chief Financial Officer | 1957 |
| Mr. Tomas Iturriaga-Hidalgo B.Sc., B.Sc. Eng., M.B.A., MBA Global | Chief Operating Officer | NA |
| Gabriela Mayor | Head of Investor Relations | NA |
| Erika Cabriada | VP of Compliance | NA |
| Mr. Exequiel Rolón | Head of Sustainability | NA |
| Mr. Guillermo Gastelum | VP of Exploration | NA |
| Mr. Gerardo Carreto | Company Sec. | NA |
| Mr. Octavio M. Alvidrez | Chief Executive Officer | 1965 |
| Ms. Gabriela Mayor | Head of Investor Relations | NA |
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