Yes, Fresnillo is a good share to buy, but on one condition. Don't overpay for the stock. Why? Because the mining industry is a cyclical one. Investors should buy the sector when sentiment is bearish; and sell when it is bullish. There appears to be a ceiling (£20) and floor (£6) on Fresnillo's long-term chart.
Fresnillo (FRES:LSE) share price vers...
To read this article, sign up or sign in.
Become a better, more informed investor with Good Money Guide. Our expert exclusive analysis provides the sort of information that everyone, from first-time investors to experienced professional traders, can learn to profit from.
Already registered? Login below:
Get expert opinion on investing, trading, and currency transfer accounts and markets.
As Featured In
What do you get when you subscribe?
You get access to all our premium features with one simple subscription including:
Expert Analysis
Get our easy-to-digest analysis of major UK and US stocks, commodities, indices, and currencies, which give bull and bear opinions and highlight the pros and cons of taking a position.
How To Guides
Designed by experts to help you become a better investor, or trader with tutorials based around the key elements of how to invest, trade or managing currency exposure successfully.
Broker Comparison
Use our data, reviews and comparison to switch to a more appropriate broker so you can reduce your fees.
Exclusive Events
Join us for exclusive events like the Good Money Guide Awards, the London Investor Show and other member only events.
Join our community and sign up for our latest expert analysis, guides reviews and interviews.
Alex H
Trustpilot
Elena
Trustpilot
Alex N
Trustpilot
A very useful, interesting and factual website.
Kurt
Trustpilot