Fitch projects USD 4.6 billion EBITDA. Industrias Peñoles stock falls 1.14 percent.

Published on 10/07/2026 at 15:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fitch sees a 46.50 percent 2026 margin versus 36.80 percent in 2025. Industrias Peñoles stock costs EUR 43.40 on October 7, 2026 after EUR 43.90.

Industrias Peñoles, MXP554091415, Illustration mit AI erstellt.

Industrias Peñoles (ISIN MXP554091415) was trading at EUR 43.40 at Lang & Schwarz on October 7, 2026 at 3:40 p.m. CEST, down 1.14 percent versus the prior close of EUR 43.90. Fitch projects USD 4.6 billion of EBITDA for 2026, compared with USD 2.9 billion in 2025, according to its rating report dated September 15, 2026.

Fitch sees a wider earnings cushion

The forecast implies a 46.50 percent EBITDA margin in 2026, up from 36.80 percent in 2025. Fitch also expects gross revenue of USD 10.98 billion in 2026, compared with USD 8.65 billion in 2025, while estimated capital spending stands at USD 650.00 million.

The numbers frame the central operating issue for the miner: strong metal prices support cash generation, but the forecast also assumes moderation after 2026. Fitch's report says Penoles realized gold prices of USD 4,910.00 per ounce and silver prices of USD 78.00 per ounce in the first half of 2026, above its 2026 base assumptions of USD 4,500.00 and USD 71.00.

BMV listing anchors the company

Industrias Peñoles has traded on the Mexican Stock Exchange since 1968 and is included in Mexico's Price and Quotation Index, according to the company's investor-relations stock page. The same page identifies PE&OLES as the ticker and reports 397,475,747 shares outstanding.

For investors, the combination of a forecast 2026 EBITDA margin of 46.50 percent and a 2026 capital spending plan of USD 650.00 million points to a business balancing expansion with cost control. Fitch expects output to remain near 2.00 million gold-equivalent ounces through 2029, while the report identifies rising costs linked to the Mexican peso and inflation as counter-factors.

Euro quote moves below prior close

The Lang & Schwarz quote stood at EUR 43.40 on October 7, 2026 at 3:40 p.m. CEST, compared with a prior close of EUR 43.90. Finance data showed a market capitalization of USD 19.2 billion as of October 6, 2026, while the primary-market quote was reported in Mexican pesos on the BMV.

The further course of trading is shown by the continuously updated real-time quote of Industrias Peñoles stock.