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

Half Year 2021 Hochschild Mining PLC Earnings Call Transcript

Aug 18, 2021 / 01:00PM GMT
Release Date Price: $1.84 (-6.05%)
Operator

Good day, and welcome to the Hochschild Mining Half Year Results Webcast and Conference Call.

At this time, I would like to turn the conference over to Ignacio Bustamante, CEO. Please go ahead.

Ignacio Bustamante
Hochschild Mining plc - CEO & Director

Thank you, Katy. Good afternoon, everyone. This is Ignacio Bustamante, and with me is also Ramón Barúa, our CFO, and also Charlie Gordon, our Head of Investor Relations. So thank you very much for joining us for our 2021 interim results presentation.

If we could go straight to Page 3 of the presentation, the key highlights for 2021 have been the following. On the production front, we are on track to meet our 31 million to 32 million silver equivalent ounces target. And in the first half of the year, we were able to obtain all in sustaining cash cost of $13.2 per ounce of silver, which is below our 2021 guidance of between $14.1 and $14.5 per silver equivalent ounce.

On the financial front, Ramon will get into more detail later but the key figures are very positive, very strong.

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