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GROWTH & VALUE

IMPLIED MARGIN OF SAFETY (beta)
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Last ex-div: 15th Aug, paid: 11th Sep more... Dividends
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Book Value ps $ +44.0%

FINANCIAL BRIEF: For the fiscal year ended 31 December 2012, Fresnillo Plc revenues decreased 2% to $2.16B. Net income decreased 18% to $736.1M. Revenues reflect Fresnillo segment decrease of 17% to $817.7M, Soledad Y Dipolos segment decrease of 28% to $177.6M. Net income also reflects Exploration Expenses increase of 76% to $229.9M (expense), Revaluation effects of Silverstream cont decrease of 26% to $117.7M (income). more »

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BROKER FORECASTS
31st Dec 2013
31st Dec 2014

Price Target: $23.9 (+47.71% above Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: +16.3% ($) ($) ($) ($) ($) ($)
Consensus Estimate
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17 brokers BROKER CONSENSUS & FORECAST TREND
Broker Recommendations for Fresnillo
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 1 2 9 3 2

Named Brokers and Analysts
CIBC World Markets Leon Esterhuizen , Credit Suisse Santiago Perez Teuffer , Investec Bank (UK) Plc , Canaccord Genuity Dmitry Kalachev , BBVA Global Markets Research Jean-Baptiste Bruny , Numis Securities Cailey Barker , Rencap Securities (Pty) Ltd. , Societe Generale Bruce Alway , Charles Stanley Tom Gidley-Kitchin , MLV & Co. Imaru Casanova , VSA Capital Ltd Jessica Pendal ,

Fresnillo plc is a silver and gold mining company. The Company, along with its subsidiaries, is engaged in the mining and beneficiation of non-ferrous minerals, and the sale of related production. The primary contents of this production include silver, gold, lead and zinc. As of December 31, 2011, the Company had five operating mines: Fresnillo, Herradura, Cienega, Soledad-Dipolos and Saucito. Fresnillo is a silver mine, located 60 kilometers northwest of Zacatecas. Saucito is eight kilometres southwest of the Fresnillo mine. Commercial production at Saucito commenced during the year ended December 31, 2011. Cienega is located near the community of Nuestra Senora de la Cienega. Its Herradura mine is located 125 kilometers northwest from the town of Caborca in the State of Sonora. Soledad-Dipolos mine is located nine kilometers northwest of the Herradura mine. As of December 31, 2011, Industrias Penoles S.A.B. de C.V. (Penoles) owned a 77% interest in the Company.

Directors: Octavio Alvidrez (CEO) 47, Mario Arreguin Frade (CFO) 55, David Giles (VP) ,

No. of Employees: 3,300 No. of Shareholders: n/a


Last Annual December 31st, 2012
Last Interim December 31st, 2012
Shares in Issue 736,893,589
Free Float 184.2m (25.0%)
Sector Basic Materials
Industry Metals & Mining
Index FTSEUROFIRST 300 , E300 ex EURO COR, FTSE Higher Yield , FTSE 350 Act , FT350 Mining , FTSE 100 , FTSE 100 Eod Gbp ,
Exchange London Stock Exchange (SETS)
Eligible for an ISA? a SIPP?

Address Av Moliere No 222 Col Polanco, MEXICO, D.F., 11540, Mexico
Web http://www.fresnilloplc.com
Phone +52 55 52793000
Contact Gabriela Mayor (Head of IR)
Registrar Computershare Investor Services PLC (Edinburgh Park)
Auditors Ernst & Young LLP

FRES SHARE PRICE PERFORMANCE FRES QUOTE
FRES Share Price GBp
1069p
Day's Change
-8.0  -0.7%
Traded 4:41pm · Minimum 15 min delayed

LATEST FRES NEWS ANNOUNCEMENTS (delayed)

UPCOMING FRES EVENTS
Wednesday 17th July, 2013
Fresnillo Plc Q2 2013 Production Report
Tuesday 6th August, 2013
Interim 2013 Fresnillo Plc Earnings Release
Thursday 17th October, 2013
Fresnillo Plc Q3 2013 Production Report

Recent ↓
Wednesday 15th May, 2013
Fresnillo Plc at Bank of America Merrill Lynch Global Metals, Mining & Steel Conference
Thursday 2nd May, 2013
Fresnillo Plc Annual General Meeting
Thursday 18th April, 2013
Fresnillo Plc Q1 Production Report Conference Call
Wednesday 17th April, 2013
Dividend For FRES.L
Tuesday 12th March, 2013
Preliminary 2012 Fresnillo Plc Earnings Conference Call
Tuesday 12th March, 2013
Preliminary 2012 Fresnillo Plc Earnings Release
Tuesday 12th March, 2013
Preliminary 2012 Fresnillo Plc Earnings Conference Call (Newswire)
Tuesday 22nd January, 2013
Fresnillo Plc Q4 2012 Production Report Conference Call
Monday 15th October, 2012
Fresnillo Plc Second Interim Management Statement and Production Report for the three months ended 30 September 2012 Conference Call
Monday 15th October, 2012
Fresnillo Plc Second Interim Management Statement and Production Report for the three months ended 30 September 2012 Conference Call (Newswire)


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