Important Updates On Three FTSE 350 Stocks – Games Workshop Group Plc, Fresnillo Plc and Evraz Plc

Important Updates On Three FTSE 350 Stocks – Games Workshop Group Plc, Fresnillo Plc and Evraz Plc

Games Workshop Group Plc (LSE: GAW)

Games Workshop Group Plc (LSE:GAW) is a Nottingham, the United Kingdom based company that is in the business of designing, manufacturing, and selling fantasy miniature soldiers globally. Along with these miniatures, the company also makes and sells books and other accessories to facilitate hobby activities. The company also conducts events worldwide to provide games workshop with Warhammer world. These workshops help the company, recruit customers into collecting, and playing with these miniatures and turn it into a hobby. The company has sales operations across the United Kingdom, the United States, Australia, China and Japan. As per the company, these fantasy miniatures are the best and truly unique in the wargaming world. The company also has few front-end games workshop stores in some locations which show the customers how to collect, paint and play with the products made by the company. The company sells the miniatures, books and accessories from 4,000 other hobby, game stores and toy shops globally. These outlets are complemented by the company’s mail order and online sales businesses. The company’s business model suggests that their defendable intellectual property provides them with massive barriers for entry in the industry, which mean that the company has very less competition in this business segment. The company’s products include – Warhammer: Age of Segmar, Warhammer 40000, Middle Earth: Strategy Battle Game, Black Library, Painting and Modelling Products, and other boxed games and gifts.

GAW Trading Statement

On 8th November 2019, the company announced a trading update for the period till 3rd November 2019. The company reported that it had traded well to date, as the company has estimated the sales and profits for the period to be above those from the same period last year. The company reported that the royalties received during the period are also significantly more than that in the previous year because of the timing of the guaranteed income on new licenses being signed. The company has provided guidance of sales of at least £140 million and profit before tax of at least £55 million for the six months ended 1st December 2019.

GAW Share Price Performance

On 11th November 2019, at 08:50 A.M. GMT, by the time of writing, Games Workshop Group Plc’s share price was trading at GBX 5491.50 per share, an increase of 2.17 per cent or GBX 116.50 per share as compared to the previous day’s closing price, which was reported to be at GBX 5375.00 per share. At the time of writing, the Games Workshop Group Plc set a new 52 week high when it reached the price of GBX 5,519.70 per share. Over this period, the share price was up 72.15 per cent. Games Workshop Group Plc’s market capitalisation has been reported to be at GBP 1.747 billion.

By the time of writing, 10,230 of the company’s stocks had been traded in the market. The average volume of trading per day, for the last one year in the market, was 89,220 stocks. The share has reportedly shown a positive change of 72.147 per cent in value in the last one year, from the price of GBX 3190.00 per share. There also has been a positive change in the last six months in the value of Games Workshop Group Plc’s share of about 32.325 per cent from the price of GBX 4150.00.

The beta of the Games Workshop Group Plc’s share has been reported to be at 1.27. This implies that the movement in the company’s share price is more volatile in nature, as compared to the movement of the benchmark market index.

Fresnillo Plc (LSE: FRES)

Fresnillo Plc (LSE:FRES) is a Mexico City based mining company, which is engaged in the business of exploration and production of non-ferrous minerals such as silver, gold, lead and zinc. The company operates seven working mines which are Fresnillo, Saucito, Ciénega, Herradura, San Julián which include both Phase I and Phase II of the mines, Soledad-Dipolos and Noche Buena. The company also has 2 development projects which are the Pyrites Plant at Fresnillo and Juanicipio, as well as 3 exploration projects based in Orisyvo, Las Casas Rosario & Cluster Cebollitas and Centauro Deep, and a few long term exploration projects, which are still prospective projects, located in the regions of Mexico, Peru and Chile.

FRES Production Report

On 23rd October 2019, the company announced a production report for the third quarter of the year. The company reported production of 13.3 million ounces silver in the quarter, a decline of 7.9 per cent compared to the previous quarter, majorly due to a lower ore grade at Saucito and at San Julián Disseminated Ore Body (DOB). The company also reported gold production of 209.8 thousand ounces, a decline of 5.2 per cent in comparison with the Q2 2019 majorly because of a lower ore grade at Herradura.

FRES Share Price Performance

On 11th November 2019, at 08:40 A.M. GMT, by the time of writing, Fresnillo Plc’s share price was trading at GBX 671.40 per share, a decrease of 0.30 per cent or GBX 2.00 per share as compared to the previous day’s closing price, which was reported to be at GBX 673.40 per share. At the time of writing, the Fresnillo Plc share price was trading 17.79 per cent above the 52-week low share price, which was at GBX 570.00 per share, set on August 01, 2019. Fresnillo Plc’s market capitalisation has been reported to be at GBP 4.962 billion.

By the time of writing, 42,840 of the company’s stocks had been traded in the market. The average volume of trading per day, for the last one year in the market, was 1.79 million stocks. The share has reportedly shown a negative change of 22.02 per cent in value in the last one year, from the price of GBX 823.8 per share. There also has been a negative change in the last six months in the value of Fresnillo Plc’s share of about 7.36 per cent from the price of GBX 724.8.

The beta of the Fresnillo Plc’s share has been reported to be at 1.09. This implies that the movement in the company’s share price is slightly more volatile in nature, as compared to the movement of the benchmark market index.

Evraz Plc (LSE: EVR)

Evraz Plc (LSE:EVR) is a Moscow, Russia based vertically integrated steel company that carries out the production of steel, coal and vanadium products. The company has differentiated its operations in three operating segments which are the Steel segment, the Coal segment and Steel, North America segment as well as a few other Operations. It also operates production assets in Russia, the US, Canada, Czech Republic, Italy, South Africa, Ukraine and Kazakhstan.

EVR Trading Update

On 1st November 2019, the company announced a trading update for the third quarter of 2019, comparing the numbers with the previous quarter. The organisation announced that during the period its consolidated crude steel output declined by 3.4 per cent Quarter on Quarter, significantly due to lower manufactured volumes at EVRAZ ZSMK amidst arranged capital fixes. The company highlighted that the generation was likewise influenced by a decline in yield at EVRAZ’s US and Canadian factories post arranged shutdowns just as driven by more fragile consumer interest. The company detailed that the generation of crude coking coal declined by 9.7 per cent Quarter on Quarter significantly after the choice to lessen production at the Razrez Raspadsky open-well in answer to critical gathered reserves of crude coal.

EVR Share Price Performance

On 11th November 2019, at 08:31 A.M. GMT, by the time of writing, Evraz Plc’s share price was trading at GBX 359.5 per share, a decrease of 3.05 per cent or GBX 11.30 per share as compared to the previous day’s closing price, which was reported to be at GBX 370.80 per share. At the time of writing, the Evraz Plc set a new 52 week low when it reached the price of GBX 359.10 per share. Over this period, the share price was down by 33.99 per cent. Evraz Plc’s market capitalisation has been reported to be at GBP 5.383 billion.

By the time of writing, 148,870 of the company’s stocks had been traded in the market. The average volume of trading per day, for the last one year in the market, was 2.41 million stocks. The share has reportedly shown a negative change of 35.92 per cent in value in the last one year, from the price of GBX 544.6 per share. There also has been a negative change in the last six months in the value of Evraz Plc’s share of about 38.69 per cent from the price of GBX 586.4. The beta of the Evraz Plc’s share has been reported to be at 2.10. This implies that the movement in the company’s share price is more volatile in nature, as compared to the movement of the benchmark market index.