HCHDF - Hochschild Is Getting Back On Track
- This article continues my coverage on Hochschild Mining.
- Q4 2020 results were at the high range of guidance for production and below expected on cost. Production expected to recover significantly but not to 2019 levels.
- Chairman Mr Eduardo Hochschild sold 25% (51% ownership down to 38%) of his stake in the company reducing insider ownership, a severe knock to my investment thesis.
- This article contains a review of recent news, an analysis of the quantitative situation, a behaviour check, and a conclusion.
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Hochschild Is Getting Back On Track