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Hochschild Mining (LON:HOC) Shares Cross Above Two Hundred Day Moving Average - Time to Sell?

Hochschild Mining logo with Basic Materials background
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Hochschild Mining plc (LON:HOC - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 548.72 and traded as high as GBX 625.99. Hochschild Mining shares last traded at GBX 618.05, with a volume of 602,344 shares traded.

Analyst Ratings Changes

A number of brokerages recently weighed in on HOC. JPMorgan Chase & Co. lowered their target price on shares of Hochschild Mining from GBX 990 to GBX 950 and set an "overweight" rating on the stock in a report on Tuesday, April 7th. Berenberg Bank restated a "hold" rating and set a GBX 590 target price on shares of Hochschild Mining in a report on Thursday, April 23rd. Finally, Canaccord Genuity Group restated a "buy" rating and set a GBX 750 target price on shares of Hochschild Mining in a report on Thursday, March 12th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Hochschild Mining presently has a consensus rating of "Moderate Buy" and an average target price of GBX 586.

Check Out Our Latest Report on HOC

Hochschild Mining Stock Performance

The stock has a market capitalization of £3.18 billion, a price-to-earnings ratio of 15.85, a P/E/G ratio of 0.41 and a beta of 1.00. The company's fifty day simple moving average is GBX 654.70 and its 200 day simple moving average is GBX 548.72. The company has a quick ratio of 1.87, a current ratio of 0.99 and a debt-to-equity ratio of 47.67.

Hochschild Mining Company Profile

(Get Free Report)

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. The ore at our operations is processed into silver-gold concentrate or dore. Hochschild Mining plc is listed on the Main Market of the London Stock Exchange and is headquartered in Lima, Peru.

Further Reading

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