Fresnillo PLC (LON:FRES) on 3 December 2025: Silver Super‑Cycle Star or Overheated FTSE 100 High‑Flyer?
Fresnillo shares traded at 2,788p in London at 11:00 GMT on 3 December 2025, up 319% year-on-year, with the company’s market value near £20.8bn. The rally follows record silver prices, which hit $58.85/oz on 2 December, and strong industrial demand. The stock sits less than 3% below its 52-week high, after sharp swings earlier in the week.