Hochschild Mining Plc with ticker (LON:HOC) now has a potential upside of 34.1% according to JP Morgan.
HOC.L
JP Morgan set a target price of 250 GBX for the company, which when compared to the Hochschild Mining Plc share price of 186 GBX at opening today (16/07/2024) indicates a potential upside of 34.1%. Trading has ranged between 72 (52 week low) and 195 (52 week high) with an average of 1,261,913 shares exchanging hands daily. The market capitalisation at the time of writing is £957,934,422.
Hochschild Mining PLC is a United Kingdom-based precious metals company. The Company is focused on the exploration, mining, processing and sale of gold and silver in the Americas. The Company operates two underground epithermal vein mines: Inmaculada, located in southern Peru, and San Jose in southern Argentina. It also operates the Mara Rosa open pit mine in Brazil. Inmaculada is a 20,000-hectare gold and silver underground mine, which consists of 40 mining concessions and is located in the Ayacucho Department in southern Peru. San Jose is a gold-silver underground mine located in Argentina, in the Santa Cruz province, 1,750 kilometers (km) southwest of Buenos Aires. The property covers a total area of 50,491 hectares and is approximately 20 km north of Newmont’s Cerro Negro mine. The Company owns 51% in San Jose mine. Mara Rosa is an open pit gold mine located in the mining-friendly jurisdiction of Goias State in Brazil.
Hochschild Mining Plc 34.1% potential upside indicated by JP Morgan
- Written by: Charlotte Edwards
Latest Company News
Hochschild Mining reported Q3 2025 attributable production of 70,308 gold equivalent ounces and reaffirmed its full-year guidance of 291,000–319,000 ounces.
Q2 attributable output was 81,656 gold equivalent ounces and 6.8m silver equivalent ounces, with Inmaculada and San Jose operating normally. The Mara Rosa plant remains temporarily suspended for maintenance and filter repairs, with revised 2025 guidance due in late August.
Hochschild Mining PLC updates on its Mara Rosa operation, detailing challenges from seasonal rainfall and contractor issues affecting production and costs.
Hochschild Mining partners with the Smithsonian National Zoo to enhance biodiversity conservation at its Inmaculada mine in Peru, promoting sustainable practices.
Hochschild Mining PLC has successfully sold its Arcata mine and Azuca project to Sierra Caraz S.A.C., focusing on its core assets in Peru and South America.
