Hochschild Mining (GB:HOC) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Hochschild Mining PLC reports a solid start to 2024 with production and costs at its key mines on track, and the newly operational Mara Rosa mine expected to commence commercial production shortly. The company anticipates strong free cash flow for the rest of the year, bolstered by stable production figures and rising metal prices. Operational highlights include total Q1 production of 69,758 gold equivalent ounces, and financials show a robust balance sheet with $73 million in cash and a net debt of $282 million.
For further insights into GB:HOC stock, check out TipRanks’ Stock Analysis page.
