As record gold price excitement further builds in Nigel Somerville’s Montana Log-Cabin, we already have various production exposure to the metal on this website as well as development/exploration exposure. However, on our longer-term focused N50 website, we also have some material silver exposure via FTSE 100 Fresnillo (FRES) – shares in which are, at 920p, up more than 18% from a last year high in October and up 48% in 2025 to-date. Meanwhile, despite a good rise following recent results, for shares in smaller peer Hochschild Mining (HOC), a 235.5p offer price compares to above 240p reached last October and only 10% up in 2025 to-date. As gold and silver price excitement further builds, the following is why we can see a 350p+ share price here and potentially well above that on real sector excitement developing.
Previously writing on hostel market-focused online travel agent group Hostelworld (HSW), with the shares at 140p in August last year I concluded that I retained caution considering the valuation and demand move for “low-cost destinations”. What about now on the back of “pleased to announce” results headlined “Adjusted EBITDA delivery in line with consensus and return to net cash”, though the shares currently only at an edged-higher 126.5p?
Most recently writing on music and audio products company Focusrite (TUNE), in January with the shares falling below 200p I concluded still avoid/sell with I cautious that its half-year to end-February results would show why it’s expectations detail not speaking its name. Now there’s a “Trading Update” including the half-year performance “was in line with expectations… Market expectations are understood to be a range for EBITDA for the 12 months to 31 August 2025 of between £24.5 million and £26.0 million”, so why a currently further lower, to below 170p, share price?
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