Hochschild Mining plc

OTCPK:HCHD.Y Stock Report

Market Cap: US$662.5m

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Hochschild Mining Management

Management criteria checks 4/4

Hochschild Mining's CEO is Ignacio Bustamante, appointed in Apr 2010, has a tenure of 12.17 years. total yearly compensation is $2.00M, comprised of 35.1% salary and 64.9% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth $2.31M. The average tenure of the management team and the board of directors is 8.8 years and 5.6 years respectively.

Key information

Ignacio Bustamante

Chief executive officer

US$2.0m

Total compensation

CEO salary percentage35.1%
CEO tenure12.2yrs
CEO ownership0.3%
Management average tenure8.8yrs
Board average tenure5.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ignacio Bustamante's remuneration changed compared to Hochschild Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2021US$2mUS$700k

US$77m

Sep 30 2021n/an/a

US$67m

Jun 30 2021n/an/a

US$58m

Mar 31 2021n/an/a

US$37m

Dec 31 2020US$2mUS$700k

US$15m

Sep 30 2020n/an/a

US$11m

Jun 30 2020n/an/a

US$7m

Mar 31 2020n/an/a

US$18m

Dec 31 2019US$4mUS$700k

US$29m

Sep 30 2019n/an/a

US$21m

Jun 30 2019n/an/a

US$14m

Mar 31 2019n/an/a

US$13m

Dec 31 2018US$4mUS$700k

US$13m

Sep 30 2018n/an/a

US$22m

Jun 30 2018n/an/a

US$31m

Mar 31 2018n/an/a

US$36m

Dec 31 2017US$5mUS$700k

US$42m

Sep 30 2017n/an/a

US$41m

Jun 30 2017n/an/a

US$41m

Mar 31 2017n/an/a

US$43m

Dec 31 2016US$3mUS$702k

US$46m

Sep 30 2016n/an/a

-US$58m

Jun 30 2016n/an/a

-US$162m

Mar 31 2016n/an/a

-US$198m

Dec 31 2015US$1mUS$584k

-US$235m

Compensation vs Market: Ignacio's total compensation ($USD2.00M) is below average for companies of similar size in the US market ($USD3.42M).

Compensation vs Earnings: Ignacio's compensation has been consistent with company performance over the past year.

CEO

Ignacio Bustamante (49 yo)

12.2yrs

Tenure

US$1,995,000

Compensation

Mr. Ignacio Bustamante serves as a Non-Executive Director at Aclara Resources Inc. since October 15, 2021. He has been the Chief Executive Officer at Hochschild Mining PLC since April 2010. Mr. Bustamante...

Leadership Team

NamePositionTenureCompensationOwnership
Ignacio Bustamante
CEO & Director12.2yrsUS$2.00m0.35%
$ 2.3m
Eduardo Noriega
Chief Financial Officerless than a yearno datano data
Eduardo Landin
Chief Operating Officer9.3yrsno datano data
Charles Gordon
Head of Investor Relationsno datano datano data
Jose Palma
Vice President of Legal & Corporate Affairsno datano datano data
Eduardo Villar
Vice President of Human Resourcesno datano datano data
Isac Burstein
Vice President of Exploration & Business Development8.3yrsno datano data
Gregory McCunn
CEO of Volcan Gold Projectless than a yearno datano data
Raj Bhasin
Company Secretary15.4yrsno datano data

8.8yrs

Average Tenure

51yo

Average Age

Experienced Management: HCHD.Y's management team is seasoned and experienced (8.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ignacio Bustamante
CEO & Director12.2yrsUS$2.00m0.35%
$ 2.3m
Eileen Kamerick
Independent Non-Executive Director5.6yrsUS$115.00kno data
Jorge Born
Independent Non-Executive Director15.7yrsUS$96.00kno data
Michel J. Sylvestre
Independent Non-Executive Directorless than a yearno datano data
Michael Rawlinson
Senior Independent Director6.4yrsUS$134.00kno data
Tracey Louise Kerr
Independent Non-Executive Directorless than a yearUS$6.00kno data
Eduardo Hochschild Beeck
Non-Executive Chairman16.4yrsUS$1.18m38.32%
$ 253.9m
Jill Gardiner
Independent Non-Executive Director1.8yrsUS$96.00kno data
Nicolas Hochschild
Non-Executive Directorless than a yearno datano data

5.6yrs

Average Tenure

58yo

Average Age

Experienced Board: HCHD.Y's board of directors are considered experienced (5.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/06/26 00:57
End of Day Share Price 2022/03/29 00:00
Earnings2021/12/31
Annual Earnings2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hochschild Mining plc is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Izak RossouwBarclays
David Simon ButlerBarclays
Izak RossouwBarclays