Hochschild Mining PLC (OTCPK:HCHDF)
$ 2.7542 -0.0803 (-2.83%) Market Cap: 1.47 Bil Enterprise Value: 1.74 Bil PE Ratio: 41.11 PB Ratio: 2.37 GF Score: 73/100

Q3 2020 Hochschild Mining PLC Production Volume Call Transcript

Oct 21, 2020 / 01:30PM GMT
Release Date Price: $2.87 (+0.32%)
Ignacio Bustamante
Hochschild Mining plc - CEO & Director

Hello, and welcome to Third Quarter Production Conference Call. As usual, I'm here in Lima. And also on the line is Ramón Barúa, our CFO; and normally, Charlie Gordon, our Head of Investor Relations.

The third quarter of 2020 has seen a steady recovery in our [outlook] with Pallancata operating at full production throughout, San Jose, still remaining in a ramp-up phase. At Inmaculada, we need to remember that we started operation in mid-July following a second stoppage due to COVID-19. Our operations team has done a fantastic job in getting the mine back up to full production in early September despite obviously having to follow a number of stringent protocols we defined and implemented.

Overall, our third quarter production was obviously still significantly impacted, but we were able to produce just over 68,000 gold equivalent ounces or 5.9 million silver equivalent ounces which, therefore, means that our 9-month output in this difficult year was almost 195,000 gold equivalent ounces or 16 million silver equivalent ounce.

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot