Hochschild Mining Share Discussion Threads

[stevea171] 18/8/2018 19:58

The next Hochschild Mining dividend

Type:
Interim
Ex-Div Date:
30 August 2018
Pay Date:
20 September 2018

Recent Hochschild Mining dividend information

The next Hochschild Mining dividend will go ex in 12 days for 1.965c and will be paid in 1 month.
The last Hochschild Mining dividend was 1.965c and it went ex 3 months ago and it was paid 3 months ago.
There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 3.16.

1.965c +1.965c = 3.93c = 1.6%

[onedayrodders] 18/8/2018 19:35

gs .. no he's no 2 ..... behind juju

[dt1010] 18/8/2018 19:05

Including u, no disrespect.

[stevea171] 18/8/2018 15:10

Interim results out whilst I've been away:

Hochschild Mining PLC Interim Results
RNS Number : 8156X
15 August 2018

Interim Results for the six months ended 30 June 2018

2018 Interim Results Highlights

-- Revenue of $372.3 million (H1 2017: $340.8 million)[1]

-- Adjusted EBITDA of $161.9 million (H1 2017: $136.0 million)([2])

-- Pre-exceptional profit before income tax of $54.9 million (H1 2017: $28.9 million)

-- Post-exceptional profit before income tax of $38.6 million (H1 2017: $38.9 million)

-- Adjusted basic earnings per share of $0.05 (H1 2017: $0.03)[3]

-- Cash and cash equivalent balance of $141.7 million as at 30 June 2018 (31 December 2017: $257.0 million)

-- Net debt of $67.3 million as at 30 June 2018 (31 December 2017: $102.8 million)

-- Interim dividend up 42% at 1.965 cents per share totalling $10.0 million (H1 2017: 1.38 cents per share totalling $7.0 million)

Exploration programme delivering exciting results

-- Inmaculada drilling programme has added 800,000 gold or 59.2 million silver equivalent ounces of inferred resources year-to-date

o Further update in Q4 2018

-- Encouraging results being delivered at Arcata - mine developments being prioritised over inferred resource additions

-- San Jose drilling set to restart in September after poor seasonal weather conditions

-- Good progress on permitting for 2019 drilling programme at Pallancata

H1 2018 operational delivery in line with guidance

-- All-in sustaining costs from operations of $11.9 per silver or $880 per gold equivalent ounce (H1 2017: $12.0 per silver or $892 per gold equivalent ounce)

-- Production of 19.9 million attributable silver or 268,237 attributable gold equivalent ounces (H1 2017: 17.9 million attributable silver or 242,208 attributable gold equivalent ounces)([4])

-- Inmaculada AISC per gold equivalent ounce of $615 (H1 2017: $651)

-- Record production of 138,427 gold equivalent ounces at Inmaculada (H1 2017: 115,547 ounces)

H2 2018 Outlook

-- On track to deliver attributable production target of 38.0 million silver equivalent ounces for 2018 (514,000 gold equivalent ounces)

-- All-in sustaining costs for 2018 expected to be in line with $13.0-13.4 per silver equivalent ounce ($960-$990 per gold equivalent ounce) target

[juju44] 18/8/2018 14:14

None of these plonkers know diddly

[goldenshare888] 18/8/2018 11:47

Is Christopher Aaron the richest man on the planet - he seems to know so much??!

[onedayrodders] 18/8/2018 10:31

Chrisopher Aaron is suggesting $12.80-$13 for Silver.

HOC share price will bottom when PM's bottom

[rathkum] 18/8/2018 08:47

Hochschild Mining: Well-Positioned For Lower Prices Of Silver

[dt1010] 17/8/2018 19:32

It will come eventually

Like every old dog

[ifthecapfits] 17/8/2018 16:47

Reasonable recovery - just wish we had a 2 instead of a 1 in front of the share price ....

[goldenshare888] 17/8/2018 13:12

Oooh, that could take decades/infinity for everyone to be on the wrong side of the trade!

I had better sell up...!

:-/

[11_percent] 17/8/2018 09:15

There has got to be COMPLETE capitulation before the PM/HOC rise to the new highs.

Everyone needs to be on the wrong side of the trade.

[juju44] 17/8/2018 08:39

Capitulation folks - big time

[dt1010] 16/8/2018 13:25

BULLISH ARTICLE!!! Oversold!!!!!!!

Bright future
Hochschild released its half-year results today and reported record production during the period. Output of 19.9m silver equivalent ounces (11% ahead of last year’s first-half) puts the company firmly on track to meet its full-year target of 38m silver equivalent ounces. First-half all-in sustaining costs from operations of $11.9 per silver equivalent ounce also position the company to meet its full-year cost target of $13 to $13.4 per silver equivalent ounce.

Analysts are forecasting full-year earnings per share (EPS) to come in at $0.09 (12% up on last year), followed by a 56% increase next year to $0.14 (11p at current exchange rates). At a share price of 166p — 48% below its 52-week high of 317p — Hochschild trades on just over 15 times next year’s forecast earnings.

As well as the prospect of rising production and lower costs in the near term, the company said today that its brownfield exploration programme “has started to generate some exciting results.” A key achievement in the first half was the addition of over 59m silver equivalent ounces of resources. A well-managed business, with a strong balance sheet and a bright future, the current valuation looks highly attractive to my eye, and I rate the stock a ‘buy’.

[goldenshare888] 16/8/2018 12:06

Yes, I want 550p here before Christmas!

[richkid71] 15/8/2018 21:13

Believe what you like. Shame people can’t be civil but that’s not the world we live in now.
Let’s hope hoc and metals recover soon.

[onedayrodders] 15/8/2018 19:02

Yep unlike you richkid ... right

[richkid71] 15/8/2018 16:33

Bargains ? You may have to wait. What do people know on here. All out for themselves.

[onedayrodders] 15/8/2018 16:18

$13 handle soon ?

[onedayrodders] 15/8/2018 16:17

you and me both shakey

[shakeypremis] 15/8/2018 15:20

If this metals action continues then there will be bargains galore everywhere. This is a fence sitter's (like me) dream.

[onedayrodders] 15/8/2018 15:10

could be setting up here for a big fall and nice entry price

[shakeypremis] 15/8/2018 15:06

Christ, metals getting hammered again. Why??? What reason? Capitulation? Silver below $14.50.

[onedayrodders] 15/8/2018 14:41

Yep ... I reckon actual will be closer to $14 for Silver and $1000 for Gold.