Fresnillo share price dips after record close as silver cools and JPMorgan lifts target
Fresnillo shares fell 0.3% to 3,974 pence in early London trading Tuesday after hitting a 52-week high Monday. Spot gold surged to a record $4,721.91 an ounce, while silver slipped 0.5% to $94.23. JPMorgan raised its Fresnillo price target to 4,700 pence ahead of the miner’s Jan. 28 production update.