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Minera Frisco, S.A.B. de C.V.

Minera Frisco, S.A.B. de C.V.

MFRVF
Minera Frisco, S.A.B. de C.V.US flagOther OTC
0.55
USD
+0.01
- -
3.33BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.02
1.22
1.34
1.44
1.48
2.71
1.07
1.68
2.12
2.09
1.45
1.78
- -
2.88
Basic EPS, GAAP
-0.1
-0.22
-0.37
-0.43
-0.03
-0.39
-0.45
-0.87
-0.29
0.16
-0.13
-0.16
- -
0.5
Free Cash Flow per Basic Share
-0.07
0.09
0.16
0.29
0.21
0.53
-0.34
-1.51
0.52
0.55
0.11
0.67
- -
1.07
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.02
- -
0.02
Book Value per Share
0.28
0.06
-0.31
-0.74
-0.77
-1.97
-1.68
-3.1
-3.4
-3.24
-3.37
-3.63
- -
-3.1
Tangible Book Value per Share
1.46
1.61
1.39
1.44
1.17
1.87
1.17
1.83
1.82
1.66
0.96
1.44
- -
1.44
Basic Weighted Avg Shares
10,135
10,135
10,135
10,135
10,135
5,079
8,072
6,045
6,046
6,046
6,046
5,866
- -
5,845
Sales/Revenue/Turnover
10,305
12,398
13,611
14,593
15,022
13,773
8,656
10,155
12,833
12,665
8,758
10,459
14,056
16,847
Operating Margin (%)
23.72
12.17
10.54
16.33
15.07
4.07
-24.16
2.68
20.58
18.45
1.69
20.4
35.35
42.25
Depreciation Expense
2,003
3,152
3,377
3,433
3,277
3,893
3,238
2,784
2,404
2,215
2,079
2,107
1,996
1,988
Net Income, GAAP
-1,037
-2,233
-3,797
-4,331
-307
-1,965
-3,607
-5,249
-1,781
975
-783
-939
1,555
2,941
Effective Tax Rate (%)
236.01
- -
- -
- -
126.88
- -
- -
- -
- -
55.92
- -
- -
52.95
46.55
Profit Margin (%)
-10.07
-18.01
-27.9
-29.68
-2.04
-14.27
-41.67
-51.68
-13.88
7.7
-8.94
-8.97
11.06
17.46
Working Capital
-886
-3,034
-73
-5,727
-17,986
-15,006
-3,235
961
-1,874
3,711
-10,646
-4,900
-6,398
-3,949
LT Debt
19,384
17,952
22,272
21,807
11,050
13,474
21,748
23,114
17,853
19,877
4,703
10,000
6,000
6,000
Total Equity
14,759
16,381
16,615
16,942
13,847
11,425
11,181
12,689
11,029
10,092
5,810
8,444
6,947
8,770
Return on Invested Capital (%)
-9.03
- -
- -
- -
-1.51
- -
- -
- -
- -
3.14
- -
- -
9.56
15.67
Return on Capital (%)
-8.09
- -
- -
- -
-3.97
- -
- -
- -
- -
38.85
- -
- -
-58.91
-102.77
Return on Common Equity (%)
-30.7
-128.03
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
9,901
8,169
6,552
LT Borrowings
6,000
6,000
6,000
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6,046
6,046
6,046
Market Capitalization
33,506
49,300
61,845

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
5,163
5,018
5,906
Cash, Cash Equivalents & STI
1,118
925
1,296
Accounts Receivable, Net
1,101
1,324
1,739
Inventories
2,215
2,242
2,257
Total Current Liabilities
12,589
11,415
9,855
Payables & Accruals
- -
- -
- -
ST Debt
9,901
8,169
6,552
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-5.88%
-7.28%
-17.72%
Free Cash Flow
38.75%
56.1%
13.34%
Net Income, GAAP
-5.59%
-129.39%
-265.67%
Sales/Revenue/Turnover
3.01%
9.61%
34.4%
Total Cash Common Dividend
- -
- -
30.55%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,246
2,551
2,569
3,093
10,459
2025
3,127
3,143
3,455
4,332
14,056
2026
5,917
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.03
-0.06
-0.05
-0.01
-0.16
2025
0.04
0.07
0.07
0.09
- -
2026
0.27
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.02
2025
- -
- -
- -
0.02
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Gerardo Kuri Kaufmann
Full Time Employees
3,142
Sector
Basic Materials
Industry
Industrial Materials
Address
Avenida Paseo de las Palmas No. 781 Mexico City DF Mexico 11000
IPO Date
Apr 7, 2011
Website
minerafrisco.com.mx
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Business
Minera Frisco, S.A.B. de C.V. (Ticker: MFRVF) is a Mexico-based mining company engaged in the exploration, exploitation, and production of precious and base metals, including gold, silver, copper, lead, and zinc; it produces and sells gold and silver doré bars, copper cathode, copper concentrates, lead-silver concentrates, and zinc concentrates through open-pit and underground mining operations supported by hydrometallurgical and pyrometallurgical processing. The company operates eight mining units across multiple states in Mexico, serving industrial consumers and manufacturers in sectors such as electronics and construction; it maintains a workforce of approximately 3,400 employees and emphasizes sustainable practices in its operations. Founded in 1962 and headquartered in Mexico City at Avenida Paseo de las Palmas 781, the company was formally incorporated in 2011 as a spin-off from Grupo Carso, S.A.B. de C.V., with ownership of Grupo Carso's mining assets transferred effective December 31, 2010; subsidiaries include Minera CRA S.A. de C.V., Minera CX S.A. de C.V., Minera Tayahua S.A. de C.V., and Minera San Francisco del Oro, S.A. de C.V. In recent developments, Minera Frisco reported strong financial performance for 2024 with total revenues of 10,458.6 million Mexican pesos and EBITDA of 4,239.8 million pesos, reflecting a 58% year-over-year revenue increase in the third quarter of 2024 driven by higher production volumes and favorable metal prices; the company issued short-term debt securities in May 2025 and longer-term certificates bursátiles in August 2024 maturing in 2026 and 2027, while maintaining a focus on organic growth without reported mergers, acquisitions, or major strategic shifts in the last two years.