The Fresnillo share price is up 430% in 1 year! Should I buy now?
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The Fresnillo (LSE:FRES) share price has exploded over the past 12 months, increasing from 645p last January to over 3,430p today. That’s a surge of over 430%!
What caused this immense growth? And should I be considering this FTSE stock for my own portfolio? Let’s take a look.
Why did the Fresnillo share price just explode?
Fresnillo’s one of the largest precious metals miners in Mexico, specialising in both silver and gold. And despite what the skyrocketing share price suggests, 2025 wasn’t all smooth sailing.
Lower ore grades, smaller production volumes, and even cessation of mining activities at its San Julián project resulted in the group’s silver output tumbling…
