Should I Buy Fresnillo Shares in the United Kingdom in 2025?

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At HelloSafe, our specialist has been tracking the performance of Fresnillo for over three years. Every month, hundreds of thousands of users in the UK trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Fresnillo.

What is Fresnillo?

Fresnillo Stock Price

The price of Fresnillo stock is rising this week. The current share price is 1,441.00 pence, with a 24-hour movement of -0.96% and a weekly gain of +0.14%. Fresnillo boasts a market capitalisation of £10.72 billion, an average three-month volume of 1.78 million shares, a P/E Ratio of 104.59, a dividend yield of 1.69%, and a notably low beta of 0.25. With strong recent gains and continued momentum in precious metals, Fresnillo’s performance offers both stability and potential for investors to consider.

Our full analysis of the Fresnillo stock

We have thoroughly reviewed Fresnillo’s latest financial results and assessed the share’s trajectory over the past three years, utilising our proprietary algorithms to synthesise multiple sources of financial data, technical analysis, competitor comparisons, and broader market trends. This comprehensive approach aims to provide an objective and actionable insight for investors focused on precious metals equities. So, why might Fresnillo stock once again become a strategic entry point into the dynamic mining and metals sector in 2025?

Recent performance and market context

Fresnillo’s stock has delivered an outstanding performance in the past twelve months, with its share price rising an impressive 161% year-on-year to 1,441p as of 2 July 2025. This surge is not an isolated event but rather the culmination of several positive catalysts, including record full-year 2024 results, robust revenue growth (+29%), and a series of technical breakout signals confirmed through sustained trading above key averages. Notably, the market responded favourably to the company’s May 2025 announcement of the divestment of its majority stake in MAG Silver, a move that streamlined Fresnillo’s portfolio and improved capital allocation. The current macroeconomic context remains highly supportive: precious metals prices are at multi-year highs, fuelled by both safe-haven flows amid persistent geopolitical tensions and demand from green technologies, underpinning favourable fundamentals for primary silver and gold producers. This market optimism has echo resonance on the London Stock Exchange, where Fresnillo is listed, positioning it as a sector outperformer within the FTSE indices.

Technical analysis

From a technical standpoint, Fresnillo displays strong upward momentum across both short- and medium-term indicators. The 14-day RSI stands at 63.41, indicating healthy buying interest without breaching overbought territory, while the MACD at 79.47 provides a clear bullish signal. The current share price is comfortably above all key moving averages—1,395.90p (20-day), 1,188.61p (50-day), 1,002.84p (100-day), and 816.96p (200-day)—all of which act as dynamic support zones. This technical alignment points to a structurally bullish formation, with the next major resistance at 1,499p (52-week high) and solid support in the 1,380–1,400p range. With the share persistently trading above its long-term averages, investors benefit from a positive momentum that offers a favourable technical foundation for further gains, especially as each pullback finds enthusiastic buying.

Fundamental analysis

Fresnillo’s fundamental story is particularly compelling at this juncture. Revenue for 2024 reached a record $3.50 billion, up 29% year on year, driven by higher precious metal prices and operational efficiency gains. EBITDA soared to $1.55 billion, more than doubling compared to the previous year, and underscoring the company’s ability to convert top-line growth into bottom-line profitability. While reported net income temporarily dipped due to exceptional items and previous hedges, the underlying operating performance far outpaced market expectations, a fact recognised by analysts and reflected in recent upgrades. Although Fresnillo’s P/E ratio of 104.59 signals an elevated valuation, this figure is justified both by its unique exposure to rising silver and gold prices and the scale of its development pipeline, which includes four new exploration projects. Long-term growth is further underpinned by its dominant market position—as the world’s largest primary silver producer and Mexico’s second-largest gold producer—coupled with a technological leadership in sustainable mining practices. Structural strengths, such as its globally diversified asset base within Mexico, industry expertise, and a track record of value creation, position Fresnillo as not simply a defensive play on metals, but a true growth vehicle in the sector.

Volume and liquidity

Market activity remains highly robust, with Fresnillo’s average daily volume at 1.78 million shares, a figure that reflects strong institutional presence and retail participation. This high level of liquidity ensures efficient trade execution and low slippage, which is crucial for both tactical and strategic investors. Moreover, with a market float consisting of significant free shares and stable anchoring by parent group Industrias Peñoles, Fresnillo’s capital structure is conducive to sustained price discovery and volatility that rewards disciplined positioning.

Catalysts and positive outlook

Several powerful drivers are set to underpin Fresnillo’s ongoing outperformance and justify its inclusion in watchlists and diversified portfolios. Key catalysts include:

• Continued strength in global silver and gold prices, as monetary policy remains supportive and supply/demand dynamics become increasingly favourable.
• Accelerated production ramp-up, with four new exploration projects promising to expand resource life and output capacity.
• Strategic focus on growth markets, especially within technology and green transition sectors, where silver plays a crucial role (e.g., solar, electronics).
• Positive market reaction to fresh capital management moves, such as the recent successful sale of the MAG Silver stake and capital reinvestment plans.
• Commitment to ESG and leadership in sustainable mining, enhancing appeal to socially responsible investors and supporting premium valuation.

Fresnillo’s operational resilience is reinforced by its consistent dividend record (1.69% yield), growing asset base, and a suite of new initiatives promoting efficiency and environmental stewardship. These factors collectively set the stage for significant value creation throughout the next cycle.

Investment strategies

For investors assessing entry points, Fresnillo exhibits favourable characteristics across multiple strategic horizons:

• Short-term: Recent bullish momentum and technical breakouts offer compelling swing/trading opportunities above key support levels (1,380–1,400p), particularly with positive price action following key news events.
• Medium-term: The stock’s exposure to firming precious metals markets and robust project pipeline may deliver outperformance through upcoming earnings periods and sector rotations.
• Long-term: Fresnillo’s status as a “dividend hero,” unmatched global leadership in silver, and a proven expansion strategy justify a position in long-term growth portfolios, especially for those prioritising commodities supercycle or inflation hedging themes.

Timing an entry after short-term pullbacks or ahead of major news (like production updates or key exploration milestones) can enhance returns, while stop placement below major supports provides prudent risk control.

Is it the right time to buy Fresnillo?

In summary, Fresnillo stands out thanks to its formidable sector positioning, recent robust results, and proven ability to capture value from global macro trends—most notably, the structural ascent of silver. The convergence of technical and fundamental strengths, record-breaking operational performance, and a pipeline of near-term and strategic catalysts, all combine to make Fresnillo seem to represent an excellent opportunity for investors. The consistent support from volume and liquidity, coupled with dynamic capital allocation and ESG progress, further reinforce the investment case. While all equity investments carry risk, the current context appears highly advantageous for those considering new entries or long-term accumulation.

With its unique mix of momentum, sector leadership, and growth optionality, Fresnillo may well be entering a new bullish phase. For investors seeking exposure to a world leader in precious metals, now seems an opportune moment to give Fresnillo a serious look and position ahead of the next wave of strategic advances and sustained sector outperformance.

How to buy Fresnillo stock in the UK?

Buying Fresnillo stock online is straightforward and secure when you use a regulated broker in the UK. You’ll typically have two main methods to invest: direct spot buying, where you own the shares, and Contracts for Difference (CFDs), which allow you to trade on price movements with leverage. Spot buying offers simplicity and long-term value, while CFDs enable flexible, short-term strategies. Both approaches suit various investment goals. To find the platform that best fits your needs, see the broker comparison further down this page.

Spot buying

A cash purchase means buying Fresnillo shares outright on the London Stock Exchange, making you a direct shareholder. Most UK brokers charge a fixed commission per order, often between £4 and £10. This method suits those looking for long-term growth, dividend income, and security.

Gain scenario

If the Fresnillo share price is 1,441p (£14.41), you can buy around 69 shares with a £1,000 stake, including a typical brokerage fee of about £5.

If the share price rises by 10%, your investment would be worth £1,100.

Result: +£100 gross gain, i.e. +10% return on your stake.

Trading via CFD

CFD trading allows you to speculate on Fresnillo’s share price without owning the actual shares. With CFDs, you pay the spread (the difference between buy and sell prices) and may incur overnight financing charges if you hold positions longer than a day. A major advantage is leverage, which increases your market exposure.

Gain scenario

You open a CFD position on Fresnillo shares with £1,000 as margin at 5x leverage, giving you £5,000 of market exposure.

If Fresnillo’s share price rises by 8%, your position earns 8% × 5 = 40%.

Result: +£400 gain on your £1,000 investment (excluding fees).

Final advice

Before investing in Fresnillo, carefully compare the fees, spreads, and trading conditions of each broker. Whether you prefer to buy shares directly for long-term wealth creation or use CFDs for trading flexibility, the best choice depends on your investment objectives and risk appetite. For a tailored overview, check out our broker comparison further down the page.

Our 7 tips for buying Fresnillo stock

The latest news about Fresnillo

Fresnillo’s share price has continued its strong upward trend, gaining 161% over the past year. This remarkable price appreciation solidifies its status as one of the London Stock Exchange’s top performers, drawing increased attention and liquidity from UK-based investors.

The company’s recent financial results showed annual revenue growth of 29%, surpassing market expectations. This robust expansion was driven by higher prices for gold and silver, with London-based analysts revising upward their coverage and highlighting Fresnillo’s attractive earnings momentum for equity portfolios in the UK.

Fresnillo has maintained its eligibility for the UK’s ISA accounts, making it particularly appealing for domestic investors. The continued ISA eligibility, in combination with a 1.69% dividend yield, ensures that the stock supports tax-efficient income strategies and remains highly relevant within UK wealth management.

Technical momentum is firmly positive, with the stock trading above all major moving averages and signalling further strength. Both the MACD and 200-day moving average point toward ongoing buying interest, and a neutral RSI at 63.41 suggests scope for additional upside without being technically overbought.

Portfolio optimisation efforts, notably the sale of the majority stake in MAG Silver in May, have been well received by the market. This strategic move improved Fresnillo’s capital structure, enabling stronger future returns and sending a constructive signal to UK institutional investors focused on capital discipline and long-term value creation.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.