Hochschild Mining plc (LON:HOC - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 245.44 ($3.30) and traded as high as GBX 269.80 ($3.63). Hochschild Mining shares last traded at GBX 269 ($3.62), with a volume of 837,534 shares.
Wall Street Analysts Forecast Growth
HOC has been the subject of several recent analyst reports. JPMorgan Chase & Co. upped their price objective on Hochschild Mining from GBX 370 ($4.97) to GBX 390 ($5.24) and gave the stock an "overweight" rating in a research report on Thursday. Berenberg Bank reissued a "hold" rating and issued a GBX 300 ($4.03) target price on shares of Hochschild Mining in a report on Wednesday. Finally, Canaccord Genuity Group restated a "buy" rating and issued a GBX 365 ($4.91) price target on shares of Hochschild Mining in a research note on Wednesday. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of GBX 327 ($4.39).
View Our Latest Research Report on Hochschild Mining
Hochschild Mining Price Performance
The business has a 50-day moving average of GBX 268.68 and a two-hundred day moving average of GBX 247.34. The company has a current ratio of 0.89, a quick ratio of 1.87 and a debt-to-equity ratio of 61.86. The firm has a market cap of £1.82 billion, a P/E ratio of 59.64, a price-to-earnings-growth ratio of 0.41 and a beta of 1.08.
About Hochschild Mining
(
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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.
Further Reading
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