Fresnillo stock price slides 5% as gold and silver plunge — what could move FRES.L next
London, Feb 1, 2026, 08:52 GMT — Market has closed.
- Fresnillo ended Friday at 3,702 pence, dropping 5.1%. (MarketScreener)
- The miner lowered its silver and gold output forecasts for 2026 in its Q4 production update. (Interactive Investor)
- Gold and silver pulled back from recent peaks on Friday, dragging down UK-listed mining stocks. (Proactiveinvestors NA)
Fresnillo PLC (FRES.L) dropped 5.1% to 3,702 pence on Friday at the London Stock Exchange, while the FTSE 100 climbed 0.5%. Volume surged to roughly twice its 50-day average. The stock now sits around 17% below its 52-week high set this Monday, according to MarketWatch data. (MarketWatch)
The pullback follows a sharp reversal in bullion that’s now…
