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Fresnillo PLC Reports Strong 2024 Financial Performance Amid Precious Metal Price Surge

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Fresnillo PLC Reports Strong 2024 Financial Performance Amid Precious Metal Price Surge

FRESNILLO ( (GB:FRES) ) has shared an announcement.

Fresnillo PLC reported a strong financial performance for 2024, driven by higher precious metal prices and operational efficiencies. The company achieved a 26.9% increase in adjusted revenue to $3.64 billion and more than doubled its EBITDA to $1.55 billion. Despite a decrease in profit for the year, Fresnillo maintained a robust financial position, returning a total of $547.5 million to shareholders through dividends. The company also made significant progress in operational improvements and exploration projects, positioning itself for future growth.

More about FRESNILLO

Fresnillo PLC is a leading precious metals mining company, primarily focused on the production of silver and gold. It operates several mines in Mexico and is known for its operational discipline and cost efficiency strategies.

YTD Price Performance: 14.62%

Average Trading Volume: 10,507

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $6.9B

See more insights into FRES stock on TipRanks’ Stock Analysis page.

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