Hochschild Mining (OTCMKTS:HCHDF) Hits New 52-Week High - Still a Buy?

Key Points

• Hochschild Mining PLC reached a new 52-week high of $4.83 and has increased its trading volume significantly, indicating strong investor interest.
• Multiple analysts have upgraded Hochschild Mining to a "strong-buy" rating, contributing to a current consensus rating of "Buy" according to MarketBeat.com.
• The company's financial standing shows a strong debt-to-equity ratio of 0.26 and improved moving averages, suggesting healthy financial metrics for potential investors.

Hochschild Mining PLC (OTCMKTS:HCHDF - Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $4.83 and last traded at $4.70, with a volume of 11761 shares traded. The stock had previously closed at $4.59.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Peel Hunt upgraded Hochschild Mining to a "strong-buy" rating in a research note on Thursday, June 12th. Scotiabank raised shares of Hochschild Mining to a "strong-buy" rating in a research report on Friday, June 13th. Finally, Barclays reissued an "overweight" rating on shares of Hochschild Mining in a research report on Wednesday, June 11th. Two investment 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 stock. According to MarketBeat.com, Hochschild Mining presently has a consensus rating of "Buy".

Hochschild Mining Trading Up 3.3%

The company has a quick ratio of 0.53, a current ratio of 0.75 and a debt-to-equity ratio of 0.26. The business has a fifty day simple moving average of $4.04 and a 200 day simple moving average of $3.73.

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.

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