Hochschild Mining PLC (STU:H3M)
€ 2.82 -0.015 (-0.53%) Market Cap: 1.46 Bil Enterprise Value: 1.71 Bil PE Ratio: 45.09 PB Ratio: 2.67 GF Score: 65/100

Q1 2019 Hochschild Mining PLC Production Results Call Transcript

Apr 30, 2019 / 01:00PM GMT
Release Date Price: €1.95 (+2.43%)
Operator

Hello, and welcome to the Hochschild Q1 Production Results Call. (Operator Instructions) Just to remind you, this conference call is being recorded. Today, I'm pleased to present Ignacio Bustamante, CEO. Please go ahead with your meeting.

Ignacio Bustamante
Hochschild Mining plc - CEO & Director

Thank you, Alexandra. Hello, and welcome to our first quarter production conference call. Here in Lima, we have myself, Ignacio Bustamante, CEO. And as usual, with me is Ramón Barúa, our CFO; and in London is Charlie Gordon, our Head of Investor Relations.

As you may have read this morning, we have, once again, had another good start to the year producing 9.8 million silver equivalent ounces or 121,000 gold equivalent ounces. This is a little ahead of the run rate of our production forecast for the year of 37 million silver equivalent ounces or 457,000 gold equivalent ounces. We have also stated that we are on track to meet our all-in sustaining cost guidance for the year of $960 to $1,000 per gold equivalent ounce or between $11.8 to $12.3 per silver

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