Hochschild Mining Sells Arcata and Azuca to Focus on Core Assets

Hochschild Mining ( (GB:HOC) ) has provided an announcement.

Hochschild Mining PLC has completed the sale of its former Arcata mine and the Azuca project to Sierra Caraz S.A.C. as part of its strategy to focus on core assets in Peru, Brazil, and Argentina. This move allows Hochschild to concentrate on its primary operations, potentially strengthening its market position and operational efficiency in the precious metals industry.

More about Hochschild Mining

Hochschild Mining PLC is a leading precious metals company listed on the London Stock Exchange and cross-trades on the OTCQX Best Market in the U.S., focusing on the exploration, mining, processing, and sale of silver and gold. With over fifty years of experience, it operates two underground epithermal vein mines in Peru and Argentina and an open pit gold mine in Brazil, alongside several long-term projects across the Americas.

YTD Price Performance: -14.30%

Average Trading Volume: 1,871,926

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £943.5M

See more data about HOC stock on TipRanks’ Stock Analysis page.