Zacks keeps Fresnillo stock at Hold with 54.9 percent growth estimate

Published on 10/15/2026 at 12:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fresnillo stock costs EUR 31.53 on October 15, 2026. London closed at GBp 2,590.00 on October 14, 2026, and revenue reached USD 3.4 billion.

Company performance and calendar

Zacks kept its Hold rank on October 14, 2026, while its fiscal 2026 earnings growth estimate stood at 54.9 percent.
Fresnillo reported USD 3.4 billion in first-half 2026 revenue, up 74.7 percent year over year.
Fresnillo stock traded at EUR 31.53 at 12:32 p.m. CEST at Lang & Schwarz on October 15, 2026.
The next earnings date is March 9, 2027.

Fresnillo, GB00B2QPKJ12, Illustration mit AI erstellt.

Fresnillo (ISIN GB00B2QPKJ12) was trading at EUR 31.53 at Lang & Schwarz on October 15, 2026 at 12:32 p.m. CEST. Zacks assigned Fresnillo a Rank #3, equivalent to Hold, on October 14, 2026, while its fiscal 2026 earnings consensus indicated 54.9 percent year-over-year growth.

Growth estimate meets operating scale

The estimate arrives after a powerful first half. Fresnillo reported USD 3.4 billion in revenue for the six months ended June 30, 2026, up 74.7 percent year over year, according to the company's investor materials. Gross profit rose 130.7 percent to USD 2.4 billion, while profit for the period increased 213.0 percent to USD 1.46 billion.

Fresnillo also reported EBITDA of USD 2.35 billion for the first half of 2026, a 113.2 percent increase. The figures explain why the earnings estimate remains elevated, but production was less uniform: attributable silver output fell 11.4 percent year over year to 22.0 million ounces, according to OpenBook Analytics.

What supports the 54.9 percent estimate?

The answer is a combination of metal prices and portfolio expansion. Fresnillo completed its Probe Gold acquisition in January 2026, adding the Novador project and 10 million ounces of gold resources, Zacks reported. The company also acquired a 5 percent stake in Sinda, a silver-gold exploration property in Mexico.

The chronology matters. Fresnillo completed the Probe Gold deal in January 2026, reported first-half revenue of USD 3.4 billion on August 4, 2026, and received the latest Zacks assessment on October 14, 2026. Each step added either operating scale or a fresh valuation reference.

Dates on the company calendar

Fresnillo presented at Mining Forum Americas on September 28, 2026, and its next earnings date is March 9, 2027, according to the company page and Investing.com. The next reporting milestone will test whether production performance can support the strong earnings assumptions.

Stock price and investor context

Fresnillo's London listing closed at GBp 2,590.00 on October 14, 2026, down GBp 126.00, as a stronger US dollar pressured precious-metals miners, according to Morningstar. The separate euro quotation remained the relevant German investor reference on October 15, 2026.

Fresnillo was trading at EUR 31.53 at Lang & Schwarz on October 15, 2026 at 12:32 p.m. CEST. The current market picture combines exceptional first-half earnings growth with lower silver production, making the next operating update particularly important.

The further course of trading is shown by the continuously updated real-time quote of Fresnillo stock.