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Hochschild Mining PLC (HOCM.L)

HOCM.L on London Stock Exchange

204.60GBp
16 Sep 2019
Change (% chg)

0.20 (+0.10%)
Prev Close
204.40
Open
204.20
Day's High
208.60
Day's Low
198.70
Volume
1,400,013
Avg. Vol
1,120,347
52-wk High
232.20
52-wk Low
146.65

Latest Key Developments (Source: Significant Developments)

Hochschild Mining Says HY Revenue Of $354.5 mln Vs. $372.3 mln last year
Wednesday, 14 Aug 2019 

Aug 14 (Reuters) - Hochschild Mining PLC ::HOCHSCHILD MININGPLC - INTERIM RESULTS.HOCHSCHILD MINING PLC - HY REVENUE OF $354.5 MILLION (H1 2018: $372.3 MILLION).HOCHSCHILD MINING PLC - HY ADJUSTED EBITDA OF $153.7 MILLION (H1 2018: $161.9 MILLION).HOCHSCHILD MINING PLC - HY PRE-EXCEPTIONAL PROFIT BEFORE INCOME TAX OF $41.5 MILLION (H1 2018: $54.9 MILLION).HOCHSCHILD MINING PLC - HY POST-EXCEPTIONAL PROFIT BEFORE INCOME TAX OF $29.5 MILLION (H1 2018: $38.6 MILLION).HOCHSCHILD MINING PLC - HY INTERIM DIVIDEND OF 2.0 CENTS PER SHARE.HOCHSCHILD MINING - IN HY 245,325 GOLD EQUIVALENT OUNCES OR 19.9 MILLION SILVER EQUIVALENT OUNCES.HOCHSCHILD MINING PLC - HY RECORD PRODUCTION OF 135,033 GOLD EQUIVALENT OUNCES AT INMACULADA (H1 2018: 134,789 OUNCES).HOCHSCHILD MINING PLC - ON TRACK TO DELIVER OVERALL 2019 PRODUCTION TARGET OF 457,000 GOLD EQUIVALENT OUNCES (37.0 MILLION SILVER EQUIVALENT OUNCES).HOCHSCHILD MINING -ALL IN SUSTAINING COSTS ON TRACK TO MEET $960-$1,000 PER GOLD EQUIVALENT OUNCE GUIDANCE IN 2019 ($11.8-12.3 PER SILVER EQUIVALENT OUNCE).HOCHSCHILD MINING PLC - WITH ORE GRADES NORMALISING IN SECOND HALF, CO REITERATES FULL YEAR COST GUIDANCE OF $790-$830 PER GOLD EQUIVALENT OUNCE.HOCHSCHILD MINING SAYS SILVER PRICES ROSE IN JULY AND EXPECTS CO'S SECOND HALF CASHFLOW GENERATION TO BE HEALTHY PROVIDED PRICE STRENGTH IS MAINTAINED.  Full Article

Hochschild Mining Says Co Is On Track To Deliver Overall 2019 Production Target
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Hochschild Mining PLC ::HOCHSCHILD MINING - 67,419 OUNCES OF GOLD PRODUCED IN QUARTER VERSUS 69,030 OUNCES REPORTED A YEAR EARLIER.HOCHSCHILD MINING - 4.4 MILLION OUNCES OF SILVER PRODUCED IN QUARTER VERSUS 4.7 MILLION OUNCES REPORTED A YEAR EARLIER.HOCHSCHILD MINING - 9.8 MILLION SILVER EQUIVALENT OUNCES PRODUCED IN QUARTER VERSUS 9.8 MILLION SILVER EQUIVALENT OUNCES REPORTED A YEAR EARLIER.HOCHSCHILD MINING - ON TRACK TO DELIVER OVERALL 2019 PRODUCTION TARGET OF 457,000 GOLD EQUIVALENT OUNCES (37.0 MILLION SILVER EQUIVALENT).HOCHSCHILD MINING - 2019 ALL-IN SUSTAINING COSTS ON TRACK TO MEET $960-$1,000 PER GOLD EQUIVALENT OUNCES GUIDANCE.  Full Article

Hochschild Preliminary FY Attributable Production Of 526,650 Gold Eq. Oz
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Hochschild Mining PLC ::PRELIMINARY FY REVENUE OF $704.3 MILLION (2017: $722.6 MILLION).PRELIMINARY FY PRE-EXCEPTIONAL PROFIT BEFORE INCOME TAX OF $54.7 MILLION (2017: $66.8 MILLION).PRELIMINARY FY ADJUSTED BASIC EARNINGS PER SHARE OF $0.05.PRELIMINARY 2018 ALL-IN SUSTAINING COSTS (AISC) FROM OPERATIONS OF $931 PER GOLD EQUIVALENT OUNCE.PRELIMINARY FULL YEAR ATTRIBUTABLE PRODUCTION OF 526,650 GOLD EQUIVALENT OUNCES (39.0 MILLION SILVER EQUIVALENT OUNCES).SEES 2019 PRODUCTION TARGET OF 457,000 GOLD EQUIVALENT OUNCES (37.0 MILLION SILVER EQUIVALENT OUNCES) EXCLUDING ARCATA.SEES 2019 TOTAL SUSTAINING AND DEVELOPMENT CAPITAL EXPENDITURE EXPECTED TO BE APPROXIMATELY $130-140 MILLION.  Full Article

Hochschild Mining To Place Arcata Mine In Peru On Care And Maintenance
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Hochschild Mining PLC ::HOCHSCHILD MININGPLC - ARCATA MINE TO BE PLACED ON CARE AND MAINTENANCE.INTENTION TO SUSPEND OPERATIONS AT ARCATA PRECIOUS METAL MINE, IN SOUTH WEST PERU, AND PLACE IT ON CARE AND MAINTENANCE.ANTICIPATED THAT FULL CARE AND MAINTENANCE WILL BE IN EFFECT BY Q2 OF 2019.HOCHSCHILD MINING - EXPLORATION PROGRAMME AND PERMITTING WORK TO CONTINUE ALONG WITH REVIEW OF MARKET CONDITIONS FOR POTENTIAL RESTART OF OPERATIONS.IN ADDITION, ARCATA UNIT HAS ALREADY BEEN FULLY IMPAIRED FOR ACCOUNTING PURPOSES.  Full Article

Hochschild Mining HY Revenue $372.3 Mln Vs $340.8 Mln
Wednesday, 15 Aug 2018 

Aug 15 (Reuters) - Hochschild Mining PLC ::HY POST-EXCEPTIONAL PROFIT BEFORE INCOME TAX OF $38.6 MILLION VERSUS $38.9 MILLION.HY REVENUE $372.3 MILLION VERSUS $340.8 MILLION REPORTED A YEAR EARLIER.HY ADJUSTED EBITDA $161.9 MILLION VERSUS $136 MILLION REPORTED A YEAR EARLIER.NET DEBT AT JUNE 30 $67.3 MILLION VERSUS $102.8 MILLION REPORTED AS OF DEC. 31, 2017.HY AISC PER SILVER EQUIVALENT OUNCE FROM OPERATIONS $11.9 VERSUS $12 REPORTED A YEAR EARLIER.ON TRACK TO DELIVER ATTRIBUTABLE PRODUCTION TARGET OF 38 MILLION SILVER EQUIVALENT OUNCES AND 514,000 GOLD EQUIVALENT OUNCES FOR 2018.AISC FOR 2018 EXPECTED TO BE IN LINE WITH $13.0-$13.4 PER SILVER EQUIVALENT OUNCE AND $960-$990 PER GOLD EQUIVALENT OUNCE TARGET.BROWNFIELD PROGRAMME ACHIEVED ADDITION OF 800,000 GOLD EQUIVALENT OUNCES, 59.2 MILLION SILVER EQUIVALENT OUNCES OF RESOURCES AT INMACULADA.HY PRE-EXCEPTIONAL PROFIT BEFORE INCOME TAX OF $54.9 MILLION VERSUS $28.9 MILLION.HY AISC PER GOLD EQUIVALENT OUNCE FROM OPERATIONS $880 VERSUS $892 REPORTED A YEAR EARLIER.INTERIM DIVIDEND UP 42 PERCENT AT 1.965 CENTS PER SHARE.  Full Article

Hochschild Mining Posts FY Pre-Tax Profit Of $64.1 Million
Wednesday, 21 Feb 2018 

Feb 21 (Reuters) - Hochschild Mining Plc ::FY REVENUE OF $722.6 MILLION VERSUS $688.2 MILLION.FY PROFIT BEFORE INCOME TAX OF $64.1 MILLION VERSUS $108.3 MILLION.FINAL PROPOSED DIVIDEND OF 1.965 CENTS PER SHARE, UP 42%.NET DEBT OF $102.8 MILLION AS AT 31 DECEMBER VERSUS $187.4 MILLION IN 2016.FULL YEAR ATTRIBUTABLE PRODUCTION IN GOLD EQUIVALENT OUNCES OF 513.60 KOZ VERSUS. 479.64 KOZ.2017 AISC PER SILVER EQUIVALENT OUNCE FROM OPERATIONS OF $12.3 VERSUS $11.2 IN 2016.2018 PRODUCTION TARGET OF 514,000 ATTRIBUTABLE GOLD EQUIVALENT OUNCES.2018 AISC EXPECTED TO BE $960-$990 PER GOLD EQUIVALENT OUNCE.TOTAL SUSTAINING, DEVELOPMENT CAPEX EXPECTED TO BE ABOUT $125-135 MILLION IN 2018.$10 MILLION BUDGET APPROVED FOR GREENFIELD EXPLORATION PROGRAMME IN 2018.REDUCTION IN ARGENTINA CORPORATE TAX RATES EXPECTED TO BE "SIGNIFICANT POSITIVE IMPACT" ON CASH GENERATION.  Full Article

Hochschild ‍on track to deliver 2017 production target
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Hochschild Mining Plc ::‍ON TRACK TO DELIVER OVERALL 2017 PRODUCTION TARGET OF 37 MILLION SILVER EQUIVALENT OUNCES​.‍2017 ALL-IN SUSTAINING COSTS PER SILVER EQUIVALENT OUNCE EXPECTED TO MEET $12.2-12.7 GUIDANCE​.Q3 TOTAL GOLD SOLD ‍73.99​ KOZ VERSUS 77.85 KOZ IN Q3 2016.Q3 TOTAL SILVER EQUIVALENT ‍11,940​ KOZ VERSUS 11,747 KOZ IN Q3 2016.Q3 INMACULADA SILVER PRODUCTION ‍1,499​ KOZ VERSUS 1,318 KOZ IN Q3 2016.Q3 INMACULADA GOLD PRODUCTION ‍43.72​ KOZ VERSUS 42.48 KOZ IN Q3 2016.Q3 ‍SILVER PRODUCTION 6,087 KOZ VERSUS 5,908​ KOZ IN Q3 2016.Q3 GOLD PRODUCTION 79.10 KOZ VERSUS 78.91 KOZ IN Q3 2016.Q3 GOLD SOLD 73.99 KOZ VERSUS 77.85 KOZ IN Q3 2016.Q3 SILVER SOLD 5,726 KOZ VERSUS 6,011 KOZ IN Q3 2016.‍NET DEBT OF APPROXIMATELY $147 MILLION AS AT 30 SEPTEMBER 2017 ($187 MILLION AS AT 31 DECEMBER 2016)​.‍TOTAL CASH OF APPROXIMATELY $156 MILLION AS AT 30 SEPTEMBER 2017 ($140 MILLION AS AT 31 DECEMBER 2016)​.‍COMPANY REMAINS ON TRACK TO DELIVER ITS OVERALL PRODUCTION TARGET FOR 2017 OF 37.0 MILLION SILVER EQUIVALENT OUNCES.‍REAFFIRMS FY ALL-IN SUSTAINING COST PER SILVER EQUIVALENT OUNCE FORECAST OF BETWEEN $12.2 AND $12.7​.  Full Article

Ex-divs to take 0.8 points off FTSE 100 on Aug 29

LONDON, Aug 26 The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 0.8 points off the index. RIC COMPANY DIVIDEND STOCK IMPACT (pence) OPTION AUTO TRADER 4.6