First Eagle Comments on Fresnillo

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Jul 26, 2021
Summary
  • The stock was a detractor.

Fresnillo (LSE:FRES, Financial) is a large gold and silver producer that has its headquarters in London and its mines in Mexico. The company’s latest quarterly release was a bit of a mixed bag, as it reported better-than-expected gold production but missed estimates on silver.

From First Eagle Investment (Trades, Portfolio)s' Gold Fund second-quarter 2021 commentary.

Disclosures

I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure