Hochschild Mining PLC (LSE:HOC)
£ 2.365 -0.025 (-1.05%) Market Cap: 1.22 Bil Enterprise Value: 1.42 Bil PE Ratio: 45.09 PB Ratio: 2.67 GF Score: 65/100

Half Year 2019 Hochschild Mining PLC Earnings Call Transcript

Aug 14, 2019 / 01:30PM GMT
Release Date Price: £1.9 (-3.96%)
Operator

Welcome to Hochschild Mining 2019 Interim Results Webcast and Conference Call.

I would now like to turn the conference over to Ignacio Bustamante, the CEO. Thank you.

Ignacio Bustamante
Hochschild Mining plc - CEO & Director

Thank you very much. Good afternoon, everyone. This is Ignacio Bustamante, CEO. With me is Ramón Barúa, our CFO. And in London, we have Charlie Gordon, our Head of Investor Relations. So thank you very much for joining us in our interim results presentation.

Let me start with the key highlights from the announcement from this morning. The financials are well in line with expectations despite our lower silver prices shown in the first half of 2019. Production and costs are on track to meet full year guidance. 2019 exploration program already delivering encouraging results, I will talk a little bit about that later in the presentation. We are recommending an interim dividend of $0.02 per share, which is equivalent to $10.2 million, which is slightly better than the announcement that we made same time last year.

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