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Pin to quick picksHochschild Share News (HOC)

Share Price Information for Hochschild (HOC)

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Share Price: 158.00
Bid: 157.60
Ask: 158.20
Change: 1.20 (0.77%)
Spread: 0.60 (0.381%)
Open: 156.40
High: 159.00
Low: 155.60
Prev. Close: 156.80
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IN BRIEF: Hochschild Mining on track for 2022 output guidance

Tue, 26th Apr 2022 11:32

Hochschild Mining PLC - London-based gold and silver miner operating in North, Central & South Americ - Reports first quarter attributable production of 47,226 ounces of gold and 2.4 million ounces of silver. Says Inmaculada's operational delivery "solid" while San Jose was hit by Covid-related absenteeism and seasonal vacations earlier in the quarter. Firm is on track to meet overall 2022 production target of 360,000 to 375,000 gold equivalent ounces after producing 80,889 gold equivalent ounces in the first quarter. "Our flagship Inmaculada operation has delivered a better than expected first quarter of the year and despite our Argentinian operations having faced Covid-related workforce absences and seasonal vacations early in the period, we are on track to meet 2022 production and cost targets," says Chief Executive Ignacio Bustamante.

Current stock price: 121.50 pence, up 0.9% on Tuesday

12-month change: down 38%

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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24 Apr 2024 10:12

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2 Apr 2024 09:51

IN BRIEF: Hochschild Mining sells Crespo project for USD15 million

Hochschild Mining PLC - Gold and silver miner with operations in South America - Sells its Crespo project in southern Peru for USD15 million to Kina Mining Peru SAC. Chief Executive Officer Eduardo Landin says: "The sale of the Crespo project is consistent with our stated strategy of disciplined capital allocation and focusing on our core assets such as the Company's flagship Inmaculada mine and the new Royropata project, both in Peru, as well as the recently-completed Mara Rosa mine in Goias, Brazil."

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Hochschild Mining FY production in line with guidance

(Sharecast News) - South America-focused miner Hochschild reported a 10% fall in production, although in line with guidance, offset by rising prices and the devaluation of the Argentinian peso which helped to lift adjusted core earnings.

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