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Fresnillo Sees 27.6% Revenue Surge, Silver Production Forecasts Ahead

3/3/2026

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Story summary
  • Fresnillo plc reported 2025 earnings growth driven by higher precious metals prices and cost control, with adjusted revenue up 27.6% to $4.65 billion and profit before tax at $2.08 billion.
  • The company expects 2026 silver production of 42.0–46.5 million ounces and gold of 500–550 thousand ounces.
  • Analysts project a 12-month price target of £38.21.
  • Results on March 3 will clarify margins and spending plans.