Hochschild Mining Full Year 2023 Earnings: EPS Misses Expectations

Key Financial Results:

• Revenue decreased by 5.7% to US$693.7m compared to FY 2022.
• Net loss of US$55.0m, down from a profit of US$2.96m in FY 2022.
• Loss per share was US$0.11, down from a profit of US$0.006 in FY 2022.

HOC Production and Reserves:

• Gold production decreased to 186.09 troy koz.
• Silver production decreased to 9,517 troy koz.
• Proved and probable reserves for both gold and silver decreased slightly.

Earnings and Revenue Growth:

• Revenue growth forecasted at 7.6% p.a. for the next 3 years.
• Hochschild Mining's EPS missed analyst expectations.

Performance of British Metals and Mining Industry:

• Company shares increased by 4.4% in the past week.
• Balance sheet analysis is crucial for investors.

Disclaimer and Contact Information:

• Article by Simply Wall St provides unbiased commentary.
• Not financial advice; based on historical data and forecasts.
• Readers can contact editorial team for feedback or concerns.