Are Fresnillo shares a good buy?

Home > Analysis > Fresnillo

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 ver...

Unlock all of our expert analysis and make more of your money.

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.

  • Expert analysis on stocks, indices, commodities & currencies
  • Major market moves explained
  • Pros & cons of specific investments
  • Buy or sell ratings & reviews
  • Free ticket to the London Investor Show

Scroll to Top