Hochschild Mining shares are currently trading at a price of $4.20, down from their 52-week high of $5.60. This decrease in share price is due to a number of factors, including the current weakness in the gold market and concerns about the company’s ability to maintain its production levels. Despite these challenges, Hochschild remains one of the largest silver producers in the world and has a strong balance sheet with low debt levels.
In addition, the company is well-positioned to benefit from any rebound in the gold price. As such, Hochschild shares may be attractive for long-term investors looking for exposure to the precious metals sector.
Hochschild Mining is a precious metals company with mines and projects in Peru, Chile, Argentina, Bolivia and Mexico. The company’s share price has been on a bit of a roller coaster ride over the past year or so. However, it looks like things may be stabilizing now and the stock is worth keeping an eye on.
Centamin Share Price
The Centamin share price has been on a rollercoaster ride in recent years. The company is a gold miner with operations in Egypt. It was one of the best performing stocks on the London Stock Exchange in 2010, but its share price tumbled in 2011 as political unrest hit Egypt.
The shares recovered some ground in 2012 as the company reported strong results, but they have come under pressure again this year as gold prices have fallen sharply.
Despite the challenges, Centamin remains an attractive proposition for investors. It is one of the few companies that is actually making money from mining gold at the moment and it is well positioned to benefit from any future rebound in gold prices.
If you are looking for a high-risk, high-reward stock, then Centamin could be worth considering.
Credit: www.marketbeat.com
Who Owns Hochschild?
In 2011, Hochschild Mining PLC was delisted from the London Stock Exchange after it was acquired by a consortium led by Patron Capital Partners and Advent International. The new owners took the company private, meaning that it is no longer required to disclose its financial information to the public.
Hochschild’s main asset is its silver-mining operation in Peru, which accounted for almost all of its revenue in 2016.
The company also has mines in Argentina and Chile.
According to Bloomberg, as of September 2017, the largest shareholder in Hochschild was Advent International with a 33 percent stake.
What Does Hochschild Mining Do?
Hochschild Mining is a British-based company with operations in the United States, Peru, Chile and Argentina. The company mines silver and gold.
Hochschild Mining was founded in 1911 by Adolf Hochschild.
The company’s first mine was in Peru. In the early years, the company focused on silver mining. It later diversified into gold mining as well.
The company has been listed on the London Stock Exchange since 1961. Today, it is one of the world’s leading silver miners with operations in Peru, Chile and Argentina. The company produces around 20 million ounces of silver a year.
In recent years, Hochschild has been investing heavily in gold mining. It now has two gold mines in operation – one in Alaska and one in Nevada – and is developing another mine in Mexico. Gold production is expected to reach around 400,000 ounces a year by 2020.
Hochschild Mining a 3 5X Mid Tier silver play on the London Stock Exchange
Conclusion
Hochschild Mining is a precious metals company with mines and projects in Peru, Chile and Argentina. The company’s share price has been volatile in recent years, but it has generally trended upwards over the long term. Hochschild is currently in the midst of a major expansion project at its flagship mine in Peru, which is expected to significantly increase production.
With gold prices near all-time highs, Hochschild looks well-positioned for continued success in the years ahead.
