Hochschild Mining annual profit slips on Covid-19 hit to production; ups dividend | 18 February 2021
18 February 2021 | 08:09am StockMarketWire.com - Precious metals miner Hochschild Mining reported a slump in annual profit as the impact of Covid-19 related stoppages in production weighed on performance. For the year ended, pre-tax profit fell to $62.9 million from $76.8 million year-on-year as revenue slipped to $621.8 million from $755.7 million. Full year attributable production was 289,293 gold equivalent ounces meeting the higher end of guidance between 280,000 and 290,000 gold equivalent ounces. The company proposed a final proposed dividend of 2.335 cents per share, bringing the fu...