Hochschild Mining (OTCMKTS:HCHDF) Hits New 12-Month High - What's Next?

Key Points

• Hochschild Mining's share price hit a new 52-week high of $4.47, closing at $4.46 after trading 6,431 shares, up from a previous close of $4.15.
• Equities analysts have upgraded the stock to a "strong-buy" rating by Scotiabank and Peel Hunt, with a current consensus rating of "Buy."
• The company operates in the precious metals sector, focusing on gold and silver mining in Peru, holding 100% interest in key operations like Inmaculada and Pallancata.

Hochschild Mining PLC (OTCMKTS:HCHDF - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $4.47 and last traded at $4.46, with a volume of 6431 shares traded. The stock had previously closed at $4.15.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Scotiabank raised shares of Hochschild Mining to a "strong-buy" rating in a research report on Friday, June 13th. Peel Hunt upgraded shares of Hochschild Mining to a "strong-buy" rating in a research note on Thursday, June 12th. Finally, Barclays reiterated an "overweight" rating on shares of Hochschild Mining in a research note on Wednesday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy".

Hochschild Mining Price Performance

The business's 50 day simple moving average is $3.83 and its 200 day simple moving average is $3.53. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.54 and a current ratio of 0.73.

About Hochschild Mining

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.

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