Hochschild Mining Share Discussion Threads

[juju44] 28/7/2020 09:22

I am cheered . Drop gave me the chance to go long - well up already . Should I be sad ?

[richkid71] 28/7/2020 09:01

Juju44 - you are one miserable and negative soul. Cheer up !

[juju44] 28/7/2020 08:49

gone long silver

[juju44] 28/7/2020 08:46

what a cool drop

[asagi] 28/7/2020 07:55

look at those graphs. Silver shot higher last night in Asia, with the sort of session is well outside the norm. It then fell hard after peaking at $26. It fell hard in the last few hours but we are still ahead of yesterday highs (in UK time) so will likely get another good session for HOC.

Asagi (long HOC)

[breaktwister] 28/7/2020 01:26

A good strategy, one that I aim for also

[hector_p] 27/7/2020 18:47

IF you are trading HOC now and why not, you should be dollar for dollar owning phys silver ( you should of course have some gold too)
HOC may make you rich but there will be big day retraces.
IF you are geared, that is a killer on a bad day. But if you have the same cash as silver in your safe or under the floor, you can realise the best of both worlds.

[asagi] 27/7/2020 14:36

Think we are on a winner here longs. I'm gonna play it nice and cool. Nice and cool, know what I mean?

Asagi (long HOC)

[drago] 27/7/2020 13:44

fat finger?

[ifthecapfits] 27/7/2020 13:05

Wow. Look at gold go. Up $70....😊

[fieldhouse] 27/7/2020 08:38

Nice pictures risa,
I like the pm charts as well !!

[stevea171] 26/7/2020 14:45

Gold $1901. ATH in $ is $1920 so only 1% away. I would expect some consolidation after this quick traverse of the $1800's but should see $1920+ probably this week.

Silver $22.70. Up $4 in the past 2 weeks. Wow! Really motoring and lowering the Gold to Silver ratio to 84.

[risa5] 25/7/2020 19:11

Anyone wish to see some nice pics of golden rocks.

[hector_p] 25/7/2020 13:42

Only my point of view though i lived through the last three crashes

Buying the miners in droves is similar to using silver as a hedge against falling stock market sectors, HOC certainly is in there. As I own PMs especially silver bullion, I am content to limit my miner investments, as in a major market crash there is a period when ALL stocks fall as desperate fund managers and banksters try to grab as much cash as they can to cover their rapidly rising dues. However silver miners at that critical time, should fall less. My intention is to buy mining shares again ( after some years!) when the US market has a major correction- and that is surely inevitable, within 3 to 6 months surely ( I'd love other opinions on this)

Then the miners should rocket back only days or weeks later. But that is why I think trading the miners is a danger, i'd only hold the full share, or, stick with my silver
You can of course day trade it for short term juicy gains)

[risa5] 24/7/2020 14:38

Stock market crash: A dividend stock whose share price could surge in August!
Royston Wild
19 July 2020, 7:38 am

You should always look to buy companies with a view to how they’ll likely be performing several years from now. The most successful share investors following the 2020 stock market crash are likely to be those with long-term strategies. Buying shares based on what you’ll think their share prices will do over a short time horizon often spells trouble.

That’s not to say that investors shouldn’t buy shares today in the hope of meaty share price gains. Provided you buy companies with bright long-term futures, and strong balance sheets to help them navigate temporary problems for the global economy, then adding shares to your investment in expectation that they’ll gain value in August remains a good idea. Even if another stock market crash happens next month, companies of true quality should still furnish you with terrific returns over the long run.

Navigating the stock market crash
I’d certainly buy Hochschild Mining (LSE: HOC) shares on hopes of a silver price surge in August. The business hasn’t fallen in value as part of the broader stock market crash. In fact the FTSE 250 miner has gained 18% in value in 2020 thanks to rocketing metal values. And I’m encouraged of more gains by City brokers steadily ramping up their silver price forecasts.

The number crunchers at Jefferies are the latest to upgrade their expectations on strong investment demand. They now expect silver – which just spiked above the $19 per ounce marker – to keep rising to average $19.50 in quarter four. They think it’ll average 20 bucks an ounce in 2021, too.

Buy into this silver star
Buying Hochschild Mining shares is a great way to ride the rocketing silver price. News from the business, which digs for metal all over the Americas, hasn’t been that brilliant of late. Silver production crashed in the first half due to Covid-19-related shutdowns. But the bright silver price has allowed it to avoid sinking amid the broader stock market crash.

Normalising work conditions more recently suggest that the business is over the worst of it. Indeed, I’d buy Hochschild as production at its flagship Inmaculada asset in Peru goes from strength to strength and exploration at the mega mine continues to yield terrific results. I’d also buy because of the bright outlook for silver prices beyond the medium term, first on expectations of strong safe-haven demand and secondly on the likelihood of improving industrial demand as the global economy steadily improves.

Hochschild doesn’t carry the biggest dividend yields out there. These sit at 1% and 1.7% for 2020 and 2021 respectively. But City brokers expect dividends to explode over the medium term as profits improve. And I expect them to keep rocketing as silver prices likely keep on improving. I’d buy this FTSE 250 dividend stock today and hold it for years.

[keya5000] 24/7/2020 14:25

Well took some this morning on that silly drop. Bit of a gift. Reckon we see £3.30 here soon.

[fieldhouse] 24/7/2020 14:23

Dunno,depends on predators !!

[drago] 24/7/2020 13:47

Just how long do fieldmice live ......

[fieldhouse] 24/7/2020 09:18

Covid 19 lockdown,reserves need increasing, (happening now),diversification.Profits hit last qtr.
12 month horizon, if PM's stay the course ..... who knows !!
I am in for the long term.

[rathkum] 24/7/2020 09:11

Silver prices are rocketing!

I believe that Hochschild Mining (LSE: HOC) has the words ‘millionaire maker’ stamped all over it. Why? It’s a major player in the production of silver and is thus well placed to ride the booming metal price over the next several years.

Some would actually say that Hochschild is one of the better stocks to buy if you want to get access to precious metals. Both gold and silver are rocketing in value right now and the latter just hit seven-year peaks above $23 per ounce. But silver’s gains have been much less impressive than those of gold over the past year. And this means that it has much more scope to rip higher from now on, supercharging Hochschild’s profits in the process.

How high can silver go? Well the boffins at Citi expect the shiny commodity to hit $25 by the middle of next year. A dreaded mix of macroeconomic and geopolitical problems (trade wars, Brexit, a Covid-19 hangover and the like) is likely to keep investment demand for the metal rising. And industrial demand for silver should pick up steadily in the next year or so as the global economic recovery kicks in.
One of the great dividend stocks to buy right now

These factors make Hochschild a terrific growth stock to buy today. City analysts expect earnings here to fall around 45% in 2020 because of Covid-19-related production stoppages. They think that the company will rebound with an increase of round 330% in annual earnings in 2021, though.

As a consequence, dividends are expected to rocket, too. An annual payout of 2.2 US cents per share that brokers project for this year is expected to surge to 3.7 cents in 2021. This means that an inflation-beating yield of 1% marches to 1.6% for next year.

These are not the biggest dividend yields out there, sure. But the likelihood of rocketing silver prices, and thus Hochschild’s earnings, over the next few years means that dividends can be expected to keep on booming. In my opinion Hochschild is one of the best stocks for income chasers to consider buying today. And a forward price-to-earnings (P/E) ratio of just 14 times for 2021 suggests impressive value for money.

[keya5000] 24/7/2020 09:08

When you consider this is little over 10% higher than July 2019 it does appear to have lagged considerably behind its peers.

[fieldhouse] 24/7/2020 08:56

A good job they can digitally make them !!
Printing presses couldn't keep up with demand !!!

[drago] 24/7/2020 08:27

just think how many dollars have been printed, digitaly created since 2012