Announcement • Apr 08
Hochschild Mining plc, Annual General Meeting, Jun 09, 2026 Hochschild Mining plc, Annual General Meeting, Jun 09, 2026. Announcement • Jan 29
Hochschild Mining plc to Report Fiscal Year 2025 Results on Mar 11, 2026 Hochschild Mining plc announced that they will report fiscal year 2025 results at 9:30 AM, GMT Standard Time on Mar 11, 2026 Announcement • Oct 22
Hochschild Mining plc Reiterates Production Guidance for the Year 2025 Hochschild Mining plc reiterating production guidance for the year 2025. For the year, the company reiterated Production of 291,000 - 319,000 gold equivalent ounces. Announcement • Sep 17
Hochschild Mining plc Announces Appointment of Cassio Diedrich as Chief Operating Officer, Effective 15 September 2025 Hochschild Mining plc announced the appointment of Cassio Diedrich as Chief Operating Officer from 15 September 2025. An experienced Mining Engineer, Cassio began his career at Vale, where he held a number of senior responsibilities including technical, operational and business roles over 15 years, latterly as Global Head of Mining & Technical Services for the Vale Base Metals business. Recently, Cassio then held the role of Head of Business Planning and Mining at Glencore for two years before becoming Kinterra Capital's Global Head of Strategy & Portfolio Companies. With considerable local experience, Cassio is a Brazilian national whose local expertise will prove invaluable, with Brazil being a key market for Hochschild as it completes an operational reorganisation of its Mara Rosa mine and continues to progress Monte Do Carmo, a gold project in the next-door state to Mara Rosa. This follows the recent appointment of Ediney Drummond as Country Manager for Brazil, as the Company evolves its Senior Management team and implements a new governance structure. Announcement • Jun 11
Hochschild Mining plc to Report First Half, 2025 Final Results on Aug 27, 2025 Hochschild Mining plc announced that they will report first half, 2025 final results on Aug 27, 2025 Announcement • Jun 10
Hochschild Mining plc Provides Update on Its Mara Rosa Operation in Brazil Hochschild Mining plc provides the following update on its Mara Rosa operation in Brazil. The Company has previously disclosed that operations at Mara Rosa have been adversely affected by heavier-than-usual seasonal rainfall over the past few months as well as contractor performance issues. These conditions have limited access to ore, particularly the higher-grade zones within the pit, and have further compounded ongoing challenges with the filtering processes. As a result, efforts to recover from delays in mine waste removal carried over from the previous year have been further prolonged. At the start of the year, the Mara Rosa mine was expected to produce between 94,000 and 104,000 ounces of gold in 2025 and as at the end of May, the mine had produced just over 25,000 ounces of gold. The measures being taken are expected to result in a significant reduction to that guidance and this will have a corresponding impact on the operation's costs. Announcement • Mar 12
Hochschild Mining plc Proposes Final Dividend and Introduced Dividend Policy Hochschild Mining plc announced final proposed dividend of $1.94 cents per share ($10.0 million). Also, the company introduced Dividend policy: payout based on 20%-30% of attributable free cashflow. Minimum annual dividend of $10.0 million: to be distributed in two instalments. Subject to leverage being lower than 1.5x Net debt/Adjusted EBITDA (current Net Debt/Adjusted EBITDA of 0.51x as at 31 December 2024). Announcement • Jan 25
Hochschild Mining plc, Annual General Meeting, Jun 12, 2025 Hochschild Mining plc, Annual General Meeting, Jun 12, 2025. Announcement • Jan 22
Hochschild Mining plc Provides Production Guidance for the Year 2025 Hochschild Mining plc provided production guidance for the year 2025. For the year, the company expects 350,000-378,000 gold equivalent ounces. New Mara Rosa mine set to produce 94,000-104,000 ounces of gold. Announcement • Jul 24
Hochschild Mining plc Reiterates Production Guidance for the Year 2024 Hochschild Mining plc reiterated production guidance for the year 2024. For the period, the company expects production of 343,000-360,000 gold equivalent ounces. Recent Insider Transactions • May 20
CEO & Executive Director recently bought UK£235k worth of stock On the 16th of May, Eduardo Navarro bought around 148k shares on-market at roughly UK£1.59 per share. This transaction amounted to 52% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Eduardo's only on-market trade for the last 12 months. Reported Earnings • May 13
Full year 2023 earnings released: US$0.11 loss per share (vs US$0.006 profit in FY 2022) Full year 2023 results: US$0.11 loss per share (down from US$0.006 profit in FY 2022). Revenue: US$693.7m (down 5.7% from FY 2022). Net loss: US$55.0m (down US$58.0m from profit in FY 2022). Production and reserves: Gold Production: 186.09 troy koz (206.01 troy koz in FY 2022) Proved and probable reserves (ore): 29.07 Mt (29.84 Mt in FY 2022) Number of mines: 3 (3 in FY 2022) Silver Production: 9,517 troy koz (11,003 troy koz in FY 2022) Proved and probable reserves (ore): 29.07 Mt (29.84 Mt in FY 2022) Number of mines: 3 (3 in FY 2022) Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Announcement • May 12
Hochschild Mining plc, Annual General Meeting, Jun 13, 2024 Hochschild Mining plc, Annual General Meeting, Jun 13, 2024, at 08:30 Coordinated Universal Time. Location: Linklaters LLP One Silk Street London EC27 8HQ London, United Kingdom Announcement • Apr 26
Hochschild Mining plc to Report First Half, 2024 Results on Aug 28, 2024 Hochschild Mining plc announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Apr 24
Hochschild Mining plc Provides Production Guidance for the Year 2024 Hochschild Mining plc provided production guidance for the year 2024. For the year 2024, the company expects production of 343,000-360,000 gold equivalent ounces. Announcement • Mar 14
Hochschild Mining plc Provides Production Guidance for 2024 Hochschild Mining plc provided production guidance for 2024. For the year, Overall production target is 343,000-360,000 gold equivalent ounces. Reported Earnings • Mar 13
Full year 2023 earnings released: US$0.11 loss per share (vs US$0.006 profit in FY 2022) Full year 2023 results: US$0.11 loss per share (down from US$0.006 profit in FY 2022). Revenue: US$693.7m (down 5.7% from FY 2022). Net loss: US$55.0m (down US$58.0m from profit in FY 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Announcement • Feb 29
Hochschild Mining plc to Report Fiscal Year 2023 Results on Mar 13, 2024 Hochschild Mining plc announced that they will report fiscal year 2023 results at 9:30 AM, Coordinated Universal Time on Mar 13, 2024 Announcement • Dec 14
Hochschild Mining plc Announces Changes in Board Composition Hochschild Mining PLC announced that following the successful transition of the Company's executive leadership, Ignacio Bustamante will be stepping down from the Board on 31 December 2023. Furthermore, in line with good governance, on that date he will be replaced, as the nominee of the Company's larger shareholder Pelham Investment Corporation, by current Non-Executive Director, Jorge Born Jnr. Under the Relationship Agreement entered into between the Company and Pelham (which is controlled by Eduardo Hochschild), Pelham is entitled, among other things, to nominate two Non-Executive Directors on the Company's Board for as long as it holds at least 30% of the Company's ordinary shares. Following the changes referred to above, the Board will comprise 3 non-independent Directors and 5 independent Directors. Announcement • Dec 13
Hochschild Mining plc to Report Q4, 2023 Results on Jan 24, 2024 Hochschild Mining plc announced that they will report Q4, 2023 results at 2:00 AM, Coordinated Universal Time on Jan 24, 2024 Announcement • Nov 22
Hochschild Mining plc Provides Production Guidance for the Year 2024 and 2025 Hochschild Mining plc provided production guidance for the year 2024 and 2025. For the year 2024, the company expects the overall attributable production target for the year is 343,000-360,000 gold equivalent ounces.Production set to rise to 340,000-375,000 gold equivalent ounces in 2025. Announcement • Oct 05
Hochschild Mining plc to Report Q3, 2023 Results on Oct 18, 2023 Hochschild Mining plc announced that they will report Q3, 2023 results at 1:30 PM, Coordinated Universal Time on Oct 18, 2023 Announcement • Sep 21
Hochschild Mining PLC Announces the Appointment of Joanna Pearson as an Independent Non-Executive Director, a Member of the Audit and Remuneration Committees with Effect from 1 October 2023 Hochschild Mining PLC announced the appointment of Joanna Pearson as an independent Non-Executive director with effect from 1 October 2023. Joanna was formerly Executive Vice President and Chief Financial Officer of the FTSE 100 company, Endeavour Mining plc (2020 - 2023), and, prior to that, was an audit partner at Deloitte LLP, Vancouver for 12 years where she conducted multinational audit engagements for US and Canadian listed companies primarily in mining and emerging markets. Since June 2021, Joanna has been a Non-Executive director of Goldshore Resources Inc., a junior resource exploration company listed on the TSX-Venture exchange in Canada, where she also chairs the company's Audit Committee. On joining the Board, Joanna will become a member of the Audit and Remuneration Committees, and the Board will comprise three non-independent Directors and six independent Non-Executive Directors. Reported Earnings • Sep 07
First half 2023 earnings released: US$0.087 loss per share (vs US$0.01 loss in 1H 2022) First half 2023 results: US$0.087 loss per share (further deteriorated from US$0.01 loss in 1H 2022). Revenue: US$314.0m (down 9.7% from 1H 2022). Net loss: US$44.7m (loss widened US$41.9m from 1H 2022). Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 29% per year and the company’s share price has also fallen by 29% per year. Announcement • Aug 29
Hochschild Mining plc Announces Committee Changes On 26 August 2023, Ignacio Bustamante became a member of the Hochschild Mining plc 's Nomination Committee and was replaced on the Sustainability Committee by Eduardo Landin. Announcement • Aug 04
Hochschild Mining plc Announces Modified Environment Impact Assessment for Its Inmaculada Operation in Southwest Peru Hochschild Mining PLC announced that the Modified Environment Impact Assessment ("MEIA") for its Inmaculada operation in southwest Peru has received regulatory approval from SENACE, Peru's National Service of Environmental Certification for Sustainable Investments. The MEIA is an important milestone for the Company, paving the way for its mine to generate significant additional value for all stakeholders over the next two decades. The Company will now focus on implementing its growth strategy whilst maintaining the highest levels of safety, environmental stewardship and responsible business practices. By securing this key environmental permit, Hochschild is confirming its long-term commitment to investing in the Ayacucho region and its communities. Announcement • Jun 10
Hochschild Mining PLC Announces Board and Committee Changes Hochschild Mining PLC announced that, as announced on 20 April 2023, at the conclusion of the annual general meeting held on June 9, 2023, Eileen Kamerick and Nicolas Hochschild stepped down from the Board, Jill Gardiner assumed the Chair of the Audit Committee on an interim basis, and Mike Sylvestre joined as a member of the Audit Committee. Announcement • May 11
Hochschild Mining plc Reiterates Production Guidance for the Full Year 2023 Hochschild Mining plc reiterated production guidance for the full year 2023. For the period, the company expected production of $1,370-$1,450 per gold equivalent ounce ($16.5-$17.5 per silver equivalent ounce). Announcement • May 10
Hochschild Mining plc Reiterates Operating Guidance for the Year 2023 Hochschild Mining plc reiterated operating guidance for the year 2023. The company expects production of 301,000 gold equivalent ounces - 314,000 gold equivalent ounces (25.0 million silver equivalent ounces - 26.0 million silver equivalent ounces). Announcement • May 06
Hochschild Mining plc Announces Resignation of Nicolas Hochschild as Non-Executive Director Hochschild Mining plc announced that Nicolas Hochschild, a Non-Executive Director will be stepping down from the Board at the conclusion of the Annual General Meeting on 9 June 2023 to take up the role of Corporate Development Manager within the Company. Reported Earnings • Apr 21
Full year 2022 earnings released: EPS: US$0.01 (vs US$0.15 in FY 2021) Full year 2022 results: EPS: US$0.01 (down from US$0.15 in FY 2021). Revenue: US$735.6m (down 9.3% from FY 2021). Net income: US$2.96m (down 96% from FY 2021). Profit margin: 0.4% (down from 9.5% in FY 2021). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Feb 01
Hochschild Mining plc Provides Production Guidance for the Full Year 2023 Hochschild Mining plc provided production guidance for the full year 2023. For the period, the company expected production of $1,370-$1,450 per gold equivalent ounce ($16.5-$17.5 per silver equivalent ounce) using 83x gold silver ratio. Upcoming Dividend • Aug 25
Upcoming dividend of US$0.019 per share Eligible shareholders must have bought the stock before 01 September 2022. Payment date: 23 September 2022. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 5.3%. Within top quartile of British dividend payers (5.3%). Lower than average of industry peers (8.3%). Reported Earnings • Aug 18
First half 2022 earnings released: US$0.01 loss per share (vs US$0.07 profit in 1H 2021) First half 2022 results: US$0.01 loss per share (down from US$0.07 profit in 1H 2021). Revenue: US$347.8m (down 12% from 1H 2021). Net loss: US$2.77m (down 108% from profit in 1H 2021). Over the next year, revenue is forecast to stay flat compared to a 7.4% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Upcoming Dividend • Apr 28
Upcoming dividend of US$0.023 per share Eligible shareholders must have bought the stock before 05 May 2022. Payment date: 07 June 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (4.7%). Lower than average of industry peers (8.9%). Reported Earnings • Apr 21
Full year 2021 earnings released: EPS: US$0.15 (vs US$0.03 in FY 2020) Full year 2021 results: EPS: US$0.15 (up from US$0.03 in FY 2020). Revenue: US$811.4m (up 31% from FY 2020). Net income: US$76.9m (up 407% from FY 2020). Profit margin: 9.5% (up from 2.4% in FY 2020). Production and reserves: Gold Proved and probable reserves (ore): 32.12 Mt (8.904 Mt in FY 2020) Over the next year, revenue is expected to shrink by 1.7% compared to a 8.0% growth forecast for the mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 16% share price gain to UK£1.16, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 6x in the Metals and Mining industry in the United Kingdom. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.73 per share. Reported Earnings • Feb 24
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.15 (up from US$0.03 in FY 2020). Revenue: US$811.4m (up 31% from FY 2020). Net income: US$76.9m (up 407% from FY 2020). Profit margin: 9.5% (up from 2.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 18% compared to a 5.3% growth forecast for the mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment deteriorated over the past week After last week's 29% share price decline to UK£1.21, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Metals and Mining industry in the United Kingdom. Total loss to shareholders of 17% over the past three years. Reported Earnings • Aug 21
First half 2021 earnings released: EPS US$0.07 (vs US$0.02 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$394.8m (up 70% from 1H 2020). Net income: US$34.7m (up US$42.7m from 1H 2020). Profit margin: 8.8% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Upcoming Dividend • Apr 29
Upcoming dividend of US$0.023 per share Eligible shareholders must have bought the stock before 06 May 2021. Payment date: 02 June 2021. Trailing yield: 1.8%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (5.0%). Reported Earnings • Apr 25
Full year 2020 earnings released: EPS US$0.03 (vs US$0.057 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$621.8m (down 18% from FY 2019). Net income: US$15.2m (down 48% from FY 2019). Profit margin: 2.4% (down from 3.8% in FY 2019). Production and reserves: Gold Production: 175.24 troy koz (269.89 troy koz in FY 2019) Proved and probable reserves (ore): 8.904 Mt (7.034 Mt in FY 2019) Number of mines: 3 (4 in FY 2019) Silver Production: 9,808 troy koz (16,808 troy koz in FY 2019) Proved and probable reserves (ore): 8.904 Mt (7.034 Mt in FY 2019) Number of mines: 3 (4 in FY 2019) Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Mar 02
CEO & Director recently sold UK£1.3m worth of stock On the 24th of February, Ignacio Bustamante sold around 577k shares on-market at roughly UK£2.18 per share. In the last 3 months, there was an even bigger sale from another insider worth UK£123m. This was Ignacio's only on-market trade for the last 12 months.