MAG - Fresnillo Plc: 2021 Looks Bright

• FNLPF is set to witness revenue growth in FY 2021 thanks to the commencement of full-scale production from the promising Juanicipio project.
• In contrast, precious metals have posted an unimpressive start to FY 2021 and that's concerning for a PM miner like FNLPF.
• If the recent correction in PM prices is short-lived, FNLPF can provide suitable growth from the current prices.
• However, even if this correction phase stretches for some time, FNLPF is capable to offset the negative impact through its operational expansion.
• Here we will discuss a suitable investment strategy for this diversified PM miner.

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