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Hochschild Mining ( (GB:HOC) ) just unveiled an announcement.
Hochschild Mining PLC has announced that its subsidiary, Tiernan Gold Corp, is set to undergo a reverse take-over by Railtown Capital Corp, allowing Tiernan to become listed on the TSX Venture Exchange. This strategic move aims to unlock the value of the Volcan gold project in Chile by enabling Tiernan to secure external financing independently. The project is expected to produce 332,000 ounces of gold annually for the first ten years, with a post-tax NPV of $1,513 million and an IRR of 29%. The transaction, which is expected to close in November 2025, will see Hochschild retaining an 87% ownership in the combined entity, reflecting a significant step in Hochschild’s strategy to focus on its core assets in Peru, Brazil, and Argentina.
The most recent analyst rating on (GB:HOC) stock is a Buy with a £339.00 price target. To see the full list of analyst forecasts on Hochschild Mining stock, see the GB:HOC Stock Forecast page.
Spark’s Take on GB:HOC Stock
According to Spark, TipRanks’ AI Analyst, GB:HOC is a Outperform.
Hochschild Mining’s strong financial performance, positive technical indicators, and encouraging earnings call results drive a favorable stock score. The company’s robust revenue growth, operational efficiency, and strategic focus on long-term value creation are significant strengths. While valuation is balanced, ongoing cost challenges and regional issues in Argentina are areas to monitor.
To see Spark’s full report on GB:HOC stock, click here.
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 primarily on the exploration, mining, processing, and sale of silver and gold. With over fifty years of experience, the company operates two underground epithermal vein mines in Peru and Argentina and an open pit gold mine in Brazil, along with several advanced and long-term projects throughout the Americas.
Average Trading Volume: 2,423,262
Technical Sentiment Signal: Buy
Current Market Cap: £1.54B
See more data about HOC stock on TipRanks’ Stock Analysis page.