Hochschild Mining (OTCMKTS:HCHDF) Reaches New 1-Year High - Still a Buy?

Key Points

• Hochschild Mining shares reached a new 52-week high of $4.72 during trading, closing at $4.70, with a trading volume of 231,211 shares.
• Analysts have recently upgraded Hochschild Mining, with Peel Hunt and Scotiabank both giving it a "strong-buy" rating and the stock receiving an average rating of "Buy".
• The company's financial ratios indicate a debt-to-equity ratio of 0.24, suggesting it has a relatively low level of debt compared to equity.

Hochschild Mining PLC (OTCMKTS:HCHDF - Get Free Report)'s share price reached a new 52-week high on Tuesday . The company traded as high as $4.72 and last traded at $4.70, with a volume of 231211 shares. The stock had previously closed at $4.43.

Analyst Ratings Changes

A number of research firms have recently weighed in on HCHDF. Peel Hunt upgraded shares of Hochschild Mining to a "strong-buy" rating in a report on Thursday, June 12th. Scotiabank upgraded shares of Hochschild Mining to a "strong-buy" rating in a report on Friday, June 13th. Finally, Barclays restated an "overweight" rating on shares of Hochschild Mining in a report on Wednesday, June 11th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Buy".

Hochschild Mining Stock Performance

The business's fifty day moving average price is $3.97 and its two-hundred day moving average price is $3.65. The company has a quick ratio of 0.53, a current ratio of 0.75 and a debt-to-equity ratio of 0.26.

Hochschild Mining Company Profile

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver in the Americas. The company holds 100% interests in the Inmaculada gold/silver underground operation and Pallancata silver/gold property, which are located in the Department of Ayacucho in southern Peru.