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Updated · MarketWatch · Apr 30Fresnillo shares rise 3.95% in favourable market session
5 articles · Updated · MarketWatch · Apr 30
- The stock closed at £32.35 on Thursday as the FTSE 100 gained 1.62% to 10,378.82 and trading volume reached 1.6 million shares.
- Fresnillo outperformed the broader market during the session, with turnover running above its 50-day average volume of 1.2 million.
- Despite the gain, the shares remain 27.66% below their 52-week high of £44.72 reached on 26 January.
Why does Fresnillo's valuation clash with its soaring stock price? After a record-breaking year, why is a top silver miner forecasting a production drop? Can silver remain a key 'green metal' if its price becomes too high?