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

Q1 2022 Hochschild Mining PLC Production Volume Call Transcript

Apr 26, 2022 / 01:30PM GMT
Release Date Price: £1.19 (-0.91%)
Operator

Good day, and welcome to the Hochschild Mining Q1 2022 Production Results Conference Call. At this time, I'd like to turn the conference over to Mr. Ignacio Bustamante, CEO. Please go ahead.

Ignacio Bustamante
Hochschild Mining plc - CEO & Director

Thank you, Emma. Hello, and welcome to our conference call to discuss the first quarter production results. I'm Ignacio Bustamante, CEO; and also on the line is Eduardo Noriega our recently appointed CFO, and in London is Charlie Gordon, our Head of Investor Relations.

Group production in the period was almost 81,000 gold equivalent ounces or about 5.8 million silver equivalent ounces. We had a good start to the year at our key operation in Peru, Inmaculada. This was partially offset in Argentina, where we had a combination of seasonal vacations and COVID causing employee absenteeism. Of course, we remain on track to meet our full year guidance of between 360,000 to 375,000 ounces. And I should point out that we are using a 72x ratio to convert the silver ounces to gold equivalent.

At

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