Added to YB: 2025-03-17
Pitch date: 2025-03-13
HOC.L [neutral]
Hochschild Mining plc
+102.52%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits in Peru, Argentina, the United States, Canada, Brazil, and Chile.
Market Cap
GBP 1.4B
Pitch Price
GBP 2.25
Price Target
N/A
Dividend
0.69%
EV/EBITDA
4.59
P/E
14.87
EV/Sales
1.84
Sector
Metals and Mining
Category
value
Cooking up the HOC
HOC.L (sell): Strong 2024 results (rev +37%, EBITDA +54%) but high AISC ($1,755/oz) & reliance on gold price. Monte Do Carmo promising, but priced in. P/E 12.6x fair, could halve by 2026. Better value elsewhere (e.g. THX). Concerns: rising costs, debt, & overreliance on gold/silver prices.
Read full article (4 min)