Hochschild Mining Share Discussion Threads

[martywidget] 17/4/2024 12:22

LONDON BROKER RATINGS
JPMorgan raises Hochschild Mining target to 235 (190) pence - 'overweight'

[rathkum] 17/4/2024 12:02

JPMorgan raises Hochschild Mining target to 235 (190) pence - 'overweight'

[knocknock] 17/4/2024 09:31

3rd assault on 150. If it holds new floor in.

[stevea171] 16/4/2024 18:56

The first production update on Mara Rosa will very likely be included.

Wednesday, 24 April 2024. Hochschild Q1 2024 Production Results.

Barclays raises Hochschild Mining target to 170 pence - 'overweight'.

[stevea171] 16/4/2024 18:12

April 16, 2024. Generational Opportunity.
Graddhy: Many worried that miners are not outperforming metals yet. But it is not unusual for metals to take the lead up from big lows. And when the wall of worry really lets go, we will see 8-10% up days for GDX and 10-15% up days for SILJ.

IGNORE VOLATILITY:
Expect 8%-10% Up Days For Major Mining Stocks!
A true generational opportunity is unfolding.
This commodities bull market is going to be the ride of our lives.

[petebreeze37] 15/4/2024 10:00

Usa increasingly spending money as though It came from thin air lol, an artificial war and more countrys jettisoning the dollar for a gold backed currency.

[niklol] 14/4/2024 23:13

Just seen one needs to pay £4.99 per month

[niklol] 14/4/2024 23:09

Also can't read it.
How is one meant to read these Daily Mail Plus articles????

[tuscan4] 14/4/2024 11:42

Its blocked. Any idea what the conclusion was?

[martywidget] 14/4/2024 09:45

MIDAS SHARE TIPS UPDATE: Shareholders reap rewards from miner Hochschild

[martywidget] 14/4/2024 09:41

MIDAS SHARE TIPS UPDATE: Shareholders reap rewards from miner Hochschild


*Share tips, comment and bids
Mail on Sunday (Midas share tips update):

[mirabeau] 13/4/2024 09:16

HOC-kay dow-kay! - FY23 results and another stunning Brazilian
The Oak Bloke
Mar 14, 2024



'It is in the neighbouring state of Goias to where HOC's Mara Rosa 100k oz pa, low cost gold mine has recently begun operations.

Working on the basis that production is set to rise and costs fall it’s possible to see a path to a $600m EBITDA, which translates to a ~$225m PAT.

Even on a measly PE 2027 of 8 that suggests HOC’s upside is 1.4X upside from £586m to £1406m, or a target price of £2.64'

---------

Thanks to TOB for this superb and comprehensive analysis of HOC..click link to read the whole report with calcs and graphs

[nrc] 12/4/2024 08:10

It's been a long wait since that spike in 2020... here's hoping to regain & maybe pass it!

[qs99] 11/4/2024 22:05

Good call I reckon. Already heavily weighted at start of year in HOC, FRES and CEY! long way to go IMO/DYOR

[stevea171] 11/4/2024 20:57

Bought some more for the wife's ISA today.

Gold another ATH. Silver $28.46. This breakout could be the beginning of an exponential move. Silver is below the radar for almost everyone after so many years of Comex/LME/CB suppression.

2020. HOC went up x4 from 80p to 320p in 5 months.

April 11, 2024. Silver has outpaced the strength of gold’s gain so far this year.
Gold futures post their 16th record-high settlement of 2024.
Silver prices have gained ground on the heels of a rally in gold, with prices for the white metal on Thursday settling at a nearly three-year high and outpacing the strength of gold’s gain in the year to date.

[stevea171] 11/4/2024 08:57

HOC pulling back to cancel out part of Monday's turbo rise. Could retrace to c.140p or so before further advances?
Gold and silver knocked back a bit as well but they were in over bought territory. Silver strong holding near key level of $28.

[rathkum] 09/4/2024 13:54

Minister Romulo Mucho met with representatives of Hochschild Mining yesterday, led by its CEO Eduardo Landín, to report on investment plans and progress in the Inmaculada and Pallancata mining units, in the Ayacucho region.

Landín highlighted that the extension of the useful life of the Inmaculada mine by 20 years, and that the continuity of the Pallancata underground silver mine consolidates Hochschild Mining's position as a key player in the Peruvian mining industry.
Minister Romulo Mucho highlighted the contribution of mining to the economic and social development of the country, and invited the directors to continue working in collaboration with communities and authorities to ensure responsible and beneficial mining for all.

[knocknock] 09/4/2024 08:16

Sustained rise day on day. Doing a Rolls Royce job

[stevea171] 08/4/2024 20:22

Silver approaches five-year high with ‘more upside in store’. 8 Apr 2024

Gold’s all-time high may be getting the headlines right now, but silver is also benefiting from the precious metals rally, having just hit a five-year high against the pound.

Spot silver prices are currently sitting at a little over £22 per ounce, with dollar-denominated prices at $27.77, nearing the $29.10 five-year high seen in early 2021.

Analysts at UBS suggested silver could still be cheap though, given it’s still 40% below the ATH of almost $48 notched way back in 2011 and "out-of-sync" with the gold price.

Russ Mould at AJ Bell also pointed out that gold currently trades at nearly 85 times that of silver, whereas the long-term average is nearer to 65 times. “That may be enough to persuade some investors and traders that silver is ‘cheap’ relative to gold,” said Mould.

[stevea171] 08/4/2024 19:09

Cinoib. Well done. For the spuds you might have been better off taking up that property in Scotland that you surveyed! Here we have our allotment and greenhouse so the planting season has just begun with potatoes and tomatoes first movers. Have had a leylandii taken down and two others reduced to allow more sun into the garden and growing space. The roof is being replaced so the solar panels have to come off for a few days.

[cassini] 08/4/2024 16:40

Yep.

I stupidly sold out at 115p thinking that we'd had a good run, then had to flip-flop and get back in at 132p when I realised we had a sustained gold rally going on and silver was going to catch up.

Sometimes you've just got to sit tight...

[ifthecapfits] 08/4/2024 16:34

what a great day.

[knocknock] 08/4/2024 15:47

Days like this been a long time coming but time to get used to them.