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Hochschild Mining plc

 

Buy Hochschild Mining plc shares

HOCHSCHILD MINING PLC (HOC) Shares

ABOUT HOCHSCHILD MINING PLC

Hochschild Mining plc, a British-based silver and gold-mining company, was founded in 1911 and is headquartered in Lima, Peru.

The company operates in North, Central and South America. It has a corporate office in London. Its main shareholder is Peruvian businessman Eduardo Hochschild.

The company’s roots can be traced back to the original Hochschild Group established in 1911 by Mauricio Hochschild.

The company expanded into Bolivia in 1922 where it developed extensive interests in tin. It started operations in Peru in 1925.

In June 2007 the company started operations at the San José mine in Argentina and at the Moris Mine in Mexico in 2007, as well as at the Pallancanta mine in southern Peru.

For fiscal 2018, the company produced 19.7 million attributable ounces of silver and 260.4 thousand attributable ounces of gold for a combined total of about 39.0 million attributable silver equivalent ounces or 527 000 gold equivalent ounces.

Today, the company employs more than 4 000 people across its operations.

OVERVIEW OF HOCHSCHILD MINING PLC

  • Hochschild Mining plc focuses on the mining, processing and marketing of silver and gold. The company operates three mines in Peru (Arcta, Pallancata and Inmmaculada) and one mine (San José) in Argentina.

  • The company operates through five segments: Arcanta, Pallancata, San José, Inmaculada, Exploration, and Other. Arcata and San José is engaged in the sale of silver, gold, ore and concentrate. Pallancata focuses on the sale of concentrate, whilst Inmaculada handles the sale of gold and silver.

  • The Exploration division evaluates and explores areas of interest in brownfield and greenfield sites to extend the life-of-mine of existing operations and assesses the feasibility of new mines.

  • The Other segment comprises HMX, S.A. de C.V., a service company in Mexico; Empresa de Transmision Callalli S.A.C., a power transmission company, and Empresa de Transmision Aymaraes S.A.C., also a power transmission company.

VISION & VALUES OF HOCHSCHILD MINING PLC

  • Hochschild Mining plc business strategy is to create value for shareholders who purchase company stock based on exploration-led growth by selective investments and through assessing opportunistic early-stage acquisitions.
  • The company believes in high gain and equality, and conducts its operations in an honest and transparent manner that fosters trust amongst all its stakeholders.

MARKET PERFORMANCE OF HOCHSCHILD MINING PLC

  • Hochschild Mining plc trades on the London Stock Exchange (LSE) under the stock symbol HOC. The company is a constituent of the FTSE 250 Index.

  • For fiscal 2018, it recorded total revenue of USUS Dollar 704.3 million, operating income of USUS Dollar 72.8 million and net income of USUS Dollar 6.7 million.

  • This solid performance affords shareholders the confidence to buy or sell company shares in the expectation of sound dividends and returns.

Buy HOCHSCHILD MINING PLC stocks / shares – A Step by Step Guide how to Buy / Purchase HOCHSCHILD MINING PLC Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy HOCHSCHILD MINING PLC Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN HOCHSCHILD MINING PLC STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE HOCHSCHILD MINING PLC STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of HOCHSCHILD MINING PLC stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy HOCHSCHILD MINING PLC stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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