Berenberg Bank Reiterates "Hold" Rating for Hochschild Mining (LON:HOC)

Berenberg Bank reissued their hold rating on shares of Hochschild Mining (LON:HOC - Free Report) in a report issued on Wednesday morning, MarketBeat.com reports. Berenberg Bank currently has a GBX 300 ($4.03) target price on the stock.

HOC has been the subject of several other research reports. Canaccord Genuity Group restated a "buy" rating and issued a GBX 365 ($4.90) price objective on shares of Hochschild Mining in a report on Wednesday, July 23rd. JPMorgan Chase & Co. lifted their price target on Hochschild Mining from GBX 370 ($4.97) to GBX 390 ($5.24) and gave the stock an "overweight" rating in a report on Thursday. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of GBX 327 ($4.39).

Hochschild Mining Stock Performance

Shares of LON HOC remained flat at GBX 279.60 ($3.76) during mid-day trading on Wednesday. The stock had a trading volume of 973,726 shares, compared to its average volume of 2,987,526. The company has a market cap of £1.82 billion, a P/E ratio of 59.64, a PEG ratio of 0.41 and a beta of 1.08. The company has a 50 day moving average price of GBX 268.68 and a 200-day moving average price of GBX 247.47. The company has a quick ratio of 1.87, a current ratio of 0.89 and a debt-to-equity ratio of 61.86. Hochschild Mining has a 12 month low of GBX 158.60 ($2.13) and a 12 month high of GBX 333.80 ($4.49).

Hochschild Mining Company Profile

We are a leading underground precious metals producer focusing on high grade silver and gold deposits, with over 50 years' operating experience in the Americas. We currently operate three underground mines, two located in southern Peru and one in southern Argentina. All of our underground operations are epithermal vein mines and the principal mining method used is cut and fill.