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Updated · MarketWatch · May 8Fresnillo shares slide 2.48% and underperform falling FTSE 100
11 articles · Updated · MarketWatch · May 8
- The stock closed at £35.72 as the FTSE 100 fell 0.43% to 10,233.07 in a broadly weak London trading session on Friday.
- Fresnillo ended 20.13% below its 52-week high of £44.72, reached on 26 January, highlighting how far the miner remains below its recent peak.
- Trading volume was 443,744 shares, well below the 50-day average of 1.2 million, suggesting relatively light investor activity during the decline.
Analysts are divided on Fresnillo's future. Is its stock a bargain buy or a falling knife for investors? Silver faces a huge supply deficit. Will industrial demand finally break its price free from gold's shadow?