Fresnillo is LSE-listed silver and gold producer with operations in Mexico. The Company is currently profitable but is trading at a 5 year low. They also have a dividend policy of paying out 30% - 50% of net profits each year. Last year’s dividend was US$0.274 per share. With the gold price moving higher recently (up over $1500/oz from $1300/oz earlier in the year), I thought it would be interesting to look at a precious metals producer. Also, this video was requested by @Namajapa on twitter so thank you for reaching out! This video provides some quick thoughts on Fresnillo as an investment opportunity.
#gold #silver #mining $FRES.L
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