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 2021 Hochschild Mining PLC Mining Production Update Call Transcript

Jul 21, 2021 / 12:30PM GMT
Release Date Price: £1.36 (+4.37%)
Operator

Good day, and welcome to the Hochschild Mining Q2 Production Results. At this time, I would like to turn the conference over to Ignacio Bustamante. Sir, please go ahead.

Ignacio Bustamante
Hochschild Mining plc - CEO & Director

Thank you. Hello, and welcome to our second quarterly conference call of the year. I'm Ignacio Bustamante. And also with me is Ramón Barúa, our CFO; and in London, is Charlie Gordon, our Head of Investor Relations.

The second quarter was a solid one with all our mines continuing to operate as normal despite the COVID crisis still being a major issue in both Peru and Argentina. Group production was just over 89,000 gold equivalent ounces or 7.7 million silver equivalent ounces. This is obviously a significant increase on the first half of 2020 when our operations were impacted by closures, resulting from the start of the health crisis. We are firmly on track to meet our 2021 target of between 360,000 and 372,000 gold equivalent ounces -- sorry, 360,000 and 372,000 gold equivalent ounces or between 31 million and 32 million

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