UK's Hochschild Mining shares plunge 20% after Brazil gold mine shutdown
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 10 2025
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Source: Reuters
Mine Shutdown and Production Issues: Hochschild Mining announced a six-week shutdown at its Mara Rosa mine due to lower-than-expected gold output, producing only 25,000 ounces from January to May, significantly below the anticipated range for 2025.
Impact on Shares and Future Estimates: The company's shares dropped over 20%, marking their steepest decline since November 2021, while analysts revised production estimates down to 60,000 ounces for 2025 following a comprehensive review of mining operations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
