Big Miners

Headlines say FTSE falls ahead of BoE [Sharecast.com] and a big one for mining and energy companies. All stock picks are a mix of 72% BUY, 13% HOLD and 15% SELL.

1. OVERWEIGHT Hochschild Mining

Top performing stock pick this week is OVERWEIGHT Hochschild Mining by Barclays with a tip performance of 17%.

Hochschild Mining is a British mining company with gold and silver operations in Peru, Argentina, and Brazil. Founded in 1911, it is a constituent of the FTSE 250 index and listed in London under the ticker HOC.

Hochschild Mining share price launched at 314p in 2006, rose to an all-time high of 650p where it is today from 500p on 21st January when the company released its Production Report in this RNS.

Gold and silver prices are high due to a combination of global economic uncertainty driving safe-haven demand, a weakening U.S. dollar making precious metals more attractive, and expectations of lower interest rates that reduce the cost of holding non-yielding assets. At the same time, silver faces additional upward pressure from multi-year supply deficits, tightening export controls from major refiners, and rapidly growing industrial demand from sectors such as solar energy, electronics, EVs, and AI infrastructure, all of which have pushed both metals to record levels.

On 2nd February Barclays upped its target price from 440p to 700p. In Stockomendation three other analysts: Canaccord Genuity has BUY; Berenberg has HOLD and JP Morgan is NEUTRAL. One active UK fund manager short position held by Marshall Wace, view that here.

2. BUY Anglo American

Second top performing stock pick this week is BUY Anglo American by Citi with a tip performance of 8%.

Anglo American is a British multinational mining company. It is the world's largest producer of platinum and a major producer of diamonds, copper, nickel, iron ore, polyhalite and steelmaking coal. Headquartered in London, the company has operations in Africa, Asia, Australia, Europe, North America and South America.

Founded in 1917, it is listed in London under the ticker AAL and is a constituent of the FTSE 100 Index. It has a secondary listing on the Johannesburg Stock Exchange.

Anglo American share price launched at 637p in 1999, rose to an all-time high of 3,604p in 2022 and is today at 3,540p.

Platinum prices are currently elevated driven largely by deepening supply deficits, strong industrial demand—including automotive catalysts, hydrogen fuel cell technologies, and jewelry—and signs of tightening global stockpiles that continue to support upward price pressure.

On 5th February Anglo American released its’ Q4 Production Report in this RNS stating mixed results.

Citi placed this tip on 2nd February before the report was released. The tip performance is predominantly due to the price rise before the report was out as shares dipped sharply directly after but have slightly recovered by time of writing.

In Stockomendation four analysts with BUY — they are Citi, UBS, Jefferies and Bank of America. There are no active short positions open.

3. BUY Kosmos Energy

Third interesting stock pick this week is BUY Kosmos Energy by Jefferies with a tip performance of 4%.

Kosmos Energy is an American upstream oil company with production and development operations in Ghana, Equatorial Guinea, Gulf of Mexico, Mauritania and Senegal, Namibia, São Tomé and Príncipe and Suriname. Kosmos was the subject of the documentary Big Men about the Jubilee mine in Ghana.

Founded in Dallas & Bermuda, it is headquartered in Delaware and listed in London under the ticker KOS.

Kosmos Energy share price launched at 539p in 2017, rose to an all-time high of 733p in 2018 and is today at 104p.

At 7am on 2nd February it announced its results date in this RNS causing shares to plummet from 119p to 97p. Jefferies’ tip that lowered the target price to 210p from 220p and reiterated its’ BUY rating was placed on 4th February before shares started the upward trend of recovery.

In Stockomendation two analysts: Peel Hunt with HOLD and Jefferies with BUY. There are no fund manager short positions open.

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Disclaimer: The contents of this article should not be considered financial advice. Pricing data correct as at 5th February 2026.