Hochschild profits, shares hit by low silver price

By Anthony Halley

Hochschild Mining PLC (HOC:LN) shares are down nearly 5% on the day and profits were down 50% the year ending December 2012.

2012 was not kind to Hochschild as the miner’s sales were also down 17% to $817 million.

Hochschild blames the slide on a 10% drop in the price of silver.

Production …read more