Hochschild lifted by Berenberg upgrade after “ill-received” rare earths acquisition
Hochschild, historically a precious metals miner, last week acquired full ownership of the BioLantánidos rare earths deposit in Chile for US$56mln
Company
Hochschild Mining PLC
LON:HOC
Hochschild Mining PLC is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) and crosstrades on the OTCQX Best Market in the U.S. (HCHDF), with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over fifty years' experience in the mining of precious metal epithermal vein deposits and currently operates three underground epithermal vein mines, two located in southern Peru and one in southern Argentina. Hochschild also owns the Mara Rosa Advanced Project in Brazil as well as numerous long-term projects throughout the Americas.
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Hochschild to become one of "lowest cost rare earth producers" after acquisition of Chilean deposit
The precious metals miner consolidated its earlier investment in the Chilean ionic clay deposit to give it full ownership after being dented by sluggish silver prices in its half-year results
Hochschild Mining shares slide as profits drop on lower silver prices
The FTSE 250 company said it was on track to deliver its 2019 production target of 457,000 gold equivalent ounces
Exploration success adds gloss to strong production at Hochschild Mining
Hochschild produced 245,000 gold equivalent ounces, which was the second-best half-year performance in its history.
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Hochschild Mining sees profits fall as silver price drops
The gold and silver miner reported preliminary results for 2018 showing a drop in pre-tax profits to $38.4 mln from US$64.1 mln in 2017 and a decline in revenues to US$704.3 mln from US$722.6 mln a year earlier, while underlying earnings (A
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Hochschild Mining suspends operations at precious metal mine in south-west Peru due to low silver price
The FTSE 250-listed firm, which operates three mines in southern Peru and one in southern Argentina, said the mine would be on "full care and maintenance" status by the second quarter of 2019
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Numis upgrades Hochschild Mining to ‘buy’ as strong interims boost confidence in full year financials
The broker said they expected “full year operations to be at the better end of guidance, or above” as unit costs were lowered due to higher production rates and grades
Hochschild's debt situation improves, paving way for hefty dividend hike
Hochschild's mines enjoyed a record half of production with output rising to 19.9mln silver equivalent ounces (268,237 gold equivalent ounces)
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Hochschild Mining has hit fair value, says house broker RBC
RBC would look to take profits in Hochschild and look for a more attractive entry point. It believes the next update on the exploration programme could act as a positive catalyst for the stock