Hochschild Mining (OTCMKTS:HCHDF) Reaches New 1-Year High - Here's What Happened

Key Points

• Hochschild Mining reached a new 52-week high, trading at $4.88 during mid-day trading on Monday, up from its previous close of $4.60.
• Analysts have set optimistic ratings for the stock, with Barclays reaffirming an "overweight" rating and both Peel Hunt and Scotiabank upgrading it to a "strong-buy" rating.
• The company's current ratios suggest moderate liquidity, with a quick ratio of 0.53 and a debt-to-equity ratio of 0.26, indicating a conservative financial structure.

Hochschild Mining PLC (OTCMKTS:HCHDF - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $4.88 and last traded at $4.85, with a volume of 11331 shares trading hands. The stock had previously closed at $4.60.

Analysts Set New Price Targets

A number of analysts have recently issued reports on HCHDF shares. Barclays reaffirmed an "overweight" rating on shares of Hochschild Mining in a report on Wednesday, June 11th. Peel Hunt raised shares of Hochschild Mining to a "strong-buy" rating in a report on Thursday, June 12th. Finally, Scotiabank raised shares of Hochschild Mining to a "strong-buy" rating in a report on Friday, June 13th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Buy".

Hochschild Mining Trading Up 4.6%

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's fifty day moving average is $4.12 and its 200-day moving average is $3.79.

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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