
Gold is on fire, marking its hottest year since 1979, and Fresnillo Plc (OTCPK: FNLPF) is riding the wave.
Despite soaring prices and a 300% year-to-date gain, JPMorgan analyst Patrick Jones sees room for another 80% upside, citing macro tailwinds, positive tail risks for gold, and further re-rating potential for the miner.