Hochschild Mining plc (HOC.L)
Hochschild Mining digs up precious silver and gold across the Americas, turning raw underground metal into gleaming company cash.
Is Hochschild Mining plc a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: Healthy profitability with a strong return on equity. Worth weighing: Relatively high price-to-book ratio compared to traditional industrial peers. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has Hochschild Mining plc actually fallen?
Over the last 2 years of daily prices, Hochschild Mining plc fell as much as −48% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.
Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
A sustained multi-year bull market for precious metals rewards efficient producers.
Extended drop in metal values combined with resource depletion.
What does Hochschild Mining plc do?
Industrial customers and refiners pay this miner hard cash for the silver and gold pulled from its Peruvian, Argentinian and Brazilian underground shafts, meaning revenue rises and falls with global metal prices. It makes money by keeping its extraction costs below the market price of these precious metals. The crucial detail to keep an eye on is how smoothly its big new mining projects come online without unexpected disruptions.
On our factor screen it looks strongest on growth and quality, and weakest on momentum.
- ✓Pays a dividend - about 1.4% a year
- ✓Growing - revenue up about 19% over the year
- ✓Very profitable - turns about 17% of sales into profit
- ✓Low debt - a sturdier balance sheet
- ✓Strong return on shareholder money (ROE 32%)
- Growth screens high (86/100)
- Healthy profitability with a strong return on equity
- Rapid recent earnings growth pointing to strong operational momentum
- Substantial exposure to both gold and silver assets
- Momentum screens low (23/100)
- Regulatory or tax shifts in the mining jurisdictions where it operates
- Unexpected technical difficulties or safety stoppages underground
- Volatile shifts in global gold and silver market prices
What do Hochschild Mining plc's numbers mean?
Does Hochschild Mining plc pay a dividend?
Yes - Hochschild Mining plc currently pays a dividend of about 1.4% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
What do the numbers say about Hochschild Mining plc's dividend?
There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.
Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.
When does Hochschild Mining plc report earnings, and how did recent quarters go?
Hochschild Mining plc is next scheduled to report on about 2026-08-26 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2024-05-11 | £0.05 | £0.02 | Missed -52% |
| 2017-08-16 | £0.03 | £0.03 | In line |
| 2016-08-15 | £-0.10 | £-0.03 | Beat +70% |
| 2016-04-14 | £-0.10 | £-0.04 | Beat +60% |
| 2014-03-12 | £-0.01 | £-0.05 | Missed -700% |
| 2013-08-20 | £0.04 | £0.05 | Beat +34% |
Across the last 6 quarters here, Hochschild Mining plc came in ahead of what analysts expected 3 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
More in Basic Materials
CF Industries
Newmont
Endeavour Mining
Fresnillo
Nucor
Steel Dynamics, Inc.
Freeport-McMoRan Inc.
Corteva, Inc.What are the scenarios for Hochschild Mining plc?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of Hochschild Mining plc?
How many points the write-up makes each way — a balance check, not a score or verdict.
- Healthy profitability with a strong return on equity: How much profit the company makes for each £1 shareholders have put in. Higher usually means a more efficient business.
- Rapid recent earnings growth pointing to strong operational momentum
- Substantial exposure to both gold and silver assets
- Established operating history in South American mining regions
- Relatively high price-to-book: The share price versus the company's net assets per share (its book value). Under 1 can look cheap, though it varies a lot by industry. ratio compared to traditional industrial peers
- Modest dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone. may not satisfy income-focused investors
- Heavy reliance on commodity price swings beyond management's control
- Regulatory or tax shifts in the mining jurisdictions where it operates
- Unexpected technical difficulties or safety stoppages underground
- Volatile shifts in global gold and silver market prices
The write-up's own warning lights — if these start happening, the case above changes.
- A prolonged slump in international gold and silver prices
- Significant and repeated production misses at core mining sites
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.