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HOC Hochschild Mining Plc

250.00
16.00 (6.84%)
17 Mar 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hochschild Mining Plc LSE:HOC London Ordinary Share GB00B1FW5029 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  16.00 6.84% 250.00 8,529,117 16:35:13
Bid Price Offer Price High Price Low Price Open Price
248.00 249.00 251.50 234.50 236.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Silver Ores USD 947.7M USD 97.01M USD 0.1886 13.20 1.2B
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:21 O 3 248.50 GBX

Hochschild Mining (HOC) Latest News

Hochschild Mining (HOC) Discussions and Chat

Hochschild Mining Forums and Chat

Date Time Title Posts
17/3/202522:24Hochschild - Silver Mining, the place to be!24,644
07/3/202510:03Hochschild Mining - The Serious Traders Thread6,719
27/6/202410:19Hochschild Mining5,085
24/3/202312:47tuscan-
15/7/202211:26Hocschild Mining - Long Term Value Proposition53

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Hochschild Mining (HOC) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-03-17 17:44:30248.5037.46O
2025-03-17 17:25:18249.0061151.89O
2025-03-17 17:24:37248.501639.76O
2025-03-17 17:15:01248.00717.36O
2025-03-17 17:15:00236.002,805,9656,622,077.40O

Hochschild Mining (HOC) Top Chat Posts

Top Posts
Posted at 17/3/2025 08:20 by Hochschild Mining Daily Update
Hochschild Mining Plc is listed in the Silver Ores sector of the London Stock Exchange with ticker HOC. The last closing price for Hochschild Mining was 234p.
Hochschild Mining currently has 514,458,432 shares in issue. The market capitalisation of Hochschild Mining is £1,281,001,496.
Hochschild Mining has a price to earnings ratio (PE ratio) of 13.20.
This morning HOC shares opened at 236p
Posted at 17/3/2025 22:24 by tripletop1
A little perspective in the context of where we are vis a vis October Highs:

HOC:
October highest closing price: 239p
Current price: 250p

FRES:
October highest closing price: 778.5p
Current price: 938p

Notwithstanding the basics of this comparison.. FRES is c.24% above it's October highs.

HOC is only 4% above it's October highs.

So still some catching up to do

If HOC made up that difference then that would put it at 300p!

So albeit we've had a very strong move up over the last week there appears to be scope and justification for more upside.

Ps - today we also have a breakout of the monumental downtrend dating back to 2011 !!

All these breakouts across the PM's and miners is not a coincidence imho
Posted at 12/3/2025 07:13 by tripletop1
Outlook

2024 was a year marked by exceptional performance in the precious metals market, with both gold and silver reaching notable price milestones. Gold surged to a new high of $2,800 per ounce, while silver experienced a solid 21% increase in the year-end spot price, although still well below its record high from 2011. This robust market environment has significantly benefited us, and we are pleased to report that this price strength has continued into 2025, providing us with a strong foundation as we move forward.



2024 was a year of solid financial discipline and progress, as we made significant strides in achieving our medium-term financial targets. A key focus for us has been the reduction of our existing debt, and I'm pleased to report that we successfully reduced our net debt position by just over $40 million during the year. This was achieved while simultaneously making strategic investments in the final stages of development at Mara Rosa and the acquisition of Monte do Carmo, which will contribute to our growth and long-term success.



As part of our comprehensive capital allocation strategy, we also recognise the importance of capital return to our shareholders. With this in mind, the Board is pleased to announce that our strong balance sheet has allowed us to reinstate our dividend payout and to recommend a final dividend of $1.94 cents per share ($10.0 million). Furthermore, the Board has approved a new dividend policy aimed at providing greater predictability and consistency for our investors in the years ahead. This move underscores our commitment to maintaining a balance between reinvesting in our business for future growth and delivering tangible returns to our shareholders and could also include future share buybacks, if considered appropriate by the Directors.



As we look back on a successful 2024, I would like to take this opportunity to express my gratitude to our leadership team, as well as the several thousand Hochschild employees, contractors, and partners who have played a pivotal role in our achievements. Their dedication and hard work have been instrumental in delivering for our Company and our stakeholders, and I am incredibly proud of what we have accomplished together.



Eduardo Hochschild, Chairman

11 March 2025
Posted at 05/3/2025 18:24 by rathkum
March 05, 2025 06:59 AM Eastern Standard Time

TORONTO--(BUSINESS WIRE)--Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) announces that its wholly owned subsidiary, Triple Flag International Ltd., has acquired 5% silver and gold streams on each of the Arcata and Azuca mines in Peru operated by Sierra Sun Precious Metals S.A.C. (“Sierra Sun”) for total cash consideration of $35 million. All amounts are expressed in US dollars unless otherwise indicated.

“We are pleased to announce that we have acquired 5% silver and gold streams on the Arcata and Azuca mines in Peru from Sierra Sun, a well-established operator in the country,” commented Sheldon Vanderkooy, CEO. “Collectively, Arcata and Azuca are expected to have at least a 10-year mine life, with Sierra Sun targeting production to restart at Arcata in the near term. GEOs pursuant to the Streams are expected to rise over the course of the ramp-up to approximately 5 to 6 thousand GEOs per year by 2028. There is no step-down in stream rates. The Sierra Sun management team have extensive experience in Peru and have provided mining and engineering services to some of the top mining companies operating in the country. We believe that Arcata and Azuca are exciting precious metals restart and development opportunities, respectively, with excellent exploration upside, and we look forward to our partnership with Sierra Sun.”

Key Terms and Transaction Highlights

Precious metals streams with no step-downs in Peru. Triple Flag has the right to purchase 5% of payable silver and gold from each of the Arcata and Azuca mines (collectively, the “Streams”) for the life of the operations. There is no step-down in stream rates.
- Triple Flag will make ongoing payments of 10% of the spot silver or gold price for each ounce delivered under the Streams.
- The $35 million upfront deposit for the Streams was advanced on closing and the entirety of this upfront deposit will be used by Sierra Sun to restart Arcata, which is fully financed to commercial production, and advance Azuca.
- Sierra Sun’s obligations under the Streams will be secured in favor of Triple Flag. Triple Flag will have a continuing security interest over the property, assets, and undertakings of Sierra Sun, including a mortgage over the mines.
- Triple Flag and Sierra Sun will work together to identify social programs in the communities surrounding Arcata and Azuca to support with separate additional investment.


Near-term cash flow with an established operator. The Streams are expected to have at least a 10-year mine life, with annual GEOs forecast to ramp up to approximately 5 to 6 thousand GEOs per year by 2028.
- Arcata is the core value driver for the Streams and is fully permitted for restart. Sierra Sun intends to restart the Arcata underground operation in multiple phases to generate cash flow for an ongoing ramp-up to steady state. The operator expects Arcata to commence production in the second half of 2025. We have not included any GEOs from Arcata in our 2025 guidance.
- Separately, we anticipate production from Azuca to start by the end of 2029.

Significant exploration potential across a large land package in a proven mining district. The Streams cover the existing mining and exploration licenses for each of the Arcata and Azuca mines.
- Arcata is a 34,827-hectare property, hosting an 8,751-hectare high-density vein district. Total concessions at Azuca are 13,492 hectares.
- The Streams also provide for coverage of any other commercially economic minerals that may be discovered on the properties in the future on similar terms to silver and gold.

Asset Background

Arcata is a past operating underground silver and gold mine that was developed by Hochschild Mining PLC (“Hochschild”), with first silver concentrate produced in 1964. Current infrastructure at Arcata includes a 2,500 tpd concentrate processing plant, a 12 MVA power line, backup generators, camps and road access. In February 2019, Arcata was placed on temporary care and maintenance due to a low silver price environment. The silver price averaged approximately $16 per ounce through 2018 and 2019. Separately, Azuca is a satellite underground deposit located 116 kilometers north of Arcata by road, with ore expected to be trucked to Arcata for processing.

Sierra Sun acquired the 100%-owned Arcata and Azuca properties from Hochschild in a transaction that closed concurrently with the acquisition of the Streams and will now commence work to restart Arcata.

As of December 31, 20231, Arcata’s Measured and Indicated Resources totaled 2,138 thousand tonnes (834 thousand tonnes Measured; 1,304 thousand tonnes Indicated) at a grade of 523 g/t AgEq, containing 35.9 million ounces AgEq. Inferred Resources totaled 3,533 thousand tonnes at 465 g/t AgEq, containing 52.8 million ounces AgEq. As of December 31, 20231, Azuca’s Measured and Indicated Resources totaled 7,050 thousand tonnes (191 thousand tonnes Measured; 6,859 thousand tonnes Indicated) at a grade of 246 g/t AgEq, containing 55.7 million ounces of AgEq. Inferred Resources totaled 6,946 thousand tonnes at 237 g/t AgEq, containing 52.9 million AgEq.

About Sierra Sun

Sierra Sun is a private group headquartered in Lima, Peru and currently operates the Antapite and Sumaq Rumi mines. Antapite was acquired from Buenaventura in December 2016, with a 400 tpd processing capacity and an initial five-year life of mine. Sierra Sun restarted Antapite in June 2017. Since then, the plant has produced more than 90,000 ounces of gold and is reaching 1,000 tpd capacity with more than 10 years of remaining life. The management team of Sierra Sun have extensive experience in Peru, and also founded and manage GEMIN Associates and GEMIN Mining Construction, which have provided engineering and mining contractor services for leading companies and assets including Newmont and Glencore, as well as Triple Flag’s first investment, the Cerro Lindo mine.
Posted at 19/2/2025 08:58 by onedb1
Gold back to all time highs and silver flying . So Fridays fall has been totally closed yet Hoc price fall hasn't . Not making any sense whatsoever . Over 210-220 should be the minimum today or this week
Posted at 10/2/2025 10:11 by sotolo
Quite so, I couldn’t resist selling £10k omi as had risen 5 fold in three months, this morning at 13p, to very very naughty buying same in Hoc as had fallen 20% in three months. In meantime Hoc came out with results showing costs would be up $100 but gold has risen $200 so profits and our share price should be 10% higher, ie already decently over 250p imho, so I am just waiting
Posted at 06/2/2025 21:29 by stevea171
IC. FTSE 350 Review: Share price weakness could soon reverse
Why precious metal miners aren’t rising with prices. February 6, 2025 by Alex Hamer

Gold has hit record highs in the past year but miners’ share prices have mostly not followed suit. Some, by dint of increasing production or turning a corner, have performed very well – Hochschild Mining (HOC) in particular – but the sector as a whole has found even a gold price of $2,600 (£2,081) an ounce (oz) does not guarantee super profits and skyrocketing share prices.

This is not just a London problem. The world’s largest gold miners, Newmont (US:NEM) and Barrick Gold (US:GOLD), have actually dropped in value over the past two years. Even with dividends included, that is a woeful effort. Analysts are still hopeful, however – Bernstein sees Barrick as the pick of the gold majors, with the higher gold price flowing through to earnings in 2025.

The poor relative performance is due to costs rising and is chipping away at the bottom-line increases investors have expected. Endeavour Mining (EDV) reported exactly this in November when it released third-quarter figures. Hochschild also took a hit last month when it reported higher cost guidance than expected for 2025.
Posted at 05/2/2025 13:25 by sotolo
Oracle, yes Volcan sat on the books for a decade but in 2022 Hoc seemed to get going settin up Tiernan which “engaged Canaccord Genuity) as exclusive financial advisor to evaluate a range of alternatives to maximize the value of Tiernan and the Project for Hochschild, which could include a sale of the Company or its assets, merger or business combination with another party or other strategic alternatives.”
Also Franco Nevada from memory has put in $15m for development for 1.5% royalty when/if Volcan produces(my remembered figure so check) . So maybe something will finally happen and Volcan that I had written down will turn out to have value. Hoc seems to be making much better investment decisions now, to my eye, than they used to. I wonder if they will say something further on Volcan at the finals which might further help our share price?
Posted at 02/2/2025 19:33 by stevea171
Fieldhouse. Yes, gold and silver the ultimate safe haven!
HOC will definitely be back! There are plenty of silver miners and explorers listed in North America but only 2 producers I know of listed on LSE incl HOC. Silver is in the background atm with gold making headlines and a new ath. Both HOC and FRES are in a back water although they are both major gold producers as well.

Just a couple of weeks ago HOC share price was riding high but the AISC shock has soured sentiment for now and it may take a while to recover and move higher. My investment here is as an 'anchor' stock but with smaller gold miners that are more nimble and even more under valued! eg AAZ, THX, ALTN.

A minimum of doubling of PM miners is due in the next 12 months if they produce huge cash flow increases and profitability as expected and PM's perform as we expect.
Posted at 11/12/2024 17:12 by martywidget
Hochschild Mining (LON:HOC) Given New GBX 320 Price Target at JPMorgan Chase & Co.

December 7, 2024

Hochschild Mining (LON:HOC) had its target price hoisted by investment analysts at JPMorgan Chase & Co. from GBX 310 ($3.95) to GBX 320 ($4.08) in a research note issued to investors..

www.marketbeat.com/instant-alerts/hochschild-mining-lonhoc-stock-price-expected-to-rise-jpmorgan-chase-co-analyst-says-2024-12-06/
Posted at 04/12/2024 19:21 by stevea171
Seeking Alpha. Although the gold and silver prices are clearly higher than last year, and are even higher than in the first half of the year, the market hasn’t really rewarded Hochschild.

The impact of the Mara Rosa mine in Brazil is visible in the full-year guidance of the company. Hochschild is guiding for a full-year output of 343,000-360,000 gold-equivalent ounces, and it expects to produce those ounces at an all-in sustaining cost of $1510-1550 per gold-equivalent ounce. At the current spot price, this would represent a margin of around $1000/oz for a sustaining free cash flow of around $350M on the mine level.

On top of realizing higher gold and silver prices, the Mara Rosa mine is gaining momentum. The bottom end of the full-year guidance implies the H2 production will be around 190,000 ounces gold-equivalent, which would be more than 20% higher than the production in the first half of the year.

The free cash flow can subsequently be used to develop other assets in the portfolio. The exploration team made good progress at the Royropata zone, close to the Pallancata mine (which currently is on care and maintenance). While the resource is relatively small with just 700,000 ounces gold-equivalent (although Hochschild expects to double the resource), the initial capex will be very low at $55-65M, although the mine will produce approximately 100,000 ounces gold-equivalent at an AISC of $1000-1100/oz.

The combination of higher metals prices and a higher production makes Hochschild attractive at the current levels, and although the share price has to double, I think there is more room to run as the incoming cash flow from the new Mara Rosa mine will boost the bottom-line result.
Hochschild Mining share price data is direct from the London Stock Exchange

Hochschild Mining Frequently Asked Questions (FAQ)

What is the current Hochschild Mining share price?
The current share price of Hochschild Mining is 250.00p
How many Hochschild Mining shares are in issue?
Hochschild Mining has 514,458,432 shares in issue
What is the market cap of Hochschild Mining?
The market capitalisation of Hochschild Mining is GBP 1.2B
What is the 1 year trading range for Hochschild Mining share price?
Hochschild Mining has traded in the range of 111.50p to 251.50p during the past year
What is the PE ratio of Hochschild Mining?
The price to earnings ratio of Hochschild Mining is 13.2
What is the cash to sales ratio of Hochschild Mining?
The cash to sales ratio of Hochschild Mining is 1.35
What is the reporting currency for Hochschild Mining?
Hochschild Mining reports financial results in USD
What is the latest annual turnover for Hochschild Mining?
The latest annual turnover of Hochschild Mining is USD 947.7M
What is the latest annual profit for Hochschild Mining?
The latest annual profit of Hochschild Mining is USD 97.01M
What is the registered address of Hochschild Mining?
The registered address for Hochschild Mining is 17 CAVENDISH SQUARE, LONDON, W1G 0PH
What is the Hochschild Mining website address?
The website address for Hochschild Mining is www.hochschildmining.com
Which industry sector does Hochschild Mining operate in?
Hochschild Mining operates in the SILVER ORES sector