Fresnillo PLC shares steady after record 2025 profit as lower output outlook weighs
Fresnillo PLC reported record 2025 profit and a $950 million dividend, but forecast lower silver and gold output for 2026 and higher project spending. Shares closed down 0.23% at 3,508 pence. The company cited risks from permit delays, land access, and organized crime in Mexico. Cash at year-end stood at $2.76 billion, with net cash of $1.92 billion.