RE: With endless QE now in sight, gold will rise26 Mar 2020 17:44
tonight's Master Investor
FTSE 100-listed Fresnillo (LON:FRES) is the world’s largest silver producer, but is also Mexico’s largest gold miner. It has experienced production challenges in the past couple of years. However, it is investing in maximising the production of its existing assets. It expects this to stabilise its production in 2020, and to grow its production in 2021.
Fresnillo’s 12% share price decline over the past year suggests that investors are unsure about its near-term prospects. This could make it a relatively volatile stock, but one that offers long-term upside potential.