Hochschild Mining (OTCMKTS:HCHDF) Sees Strong Trading Volume - Time to Buy?

Key Points

• Hochschild Mining saw a **123% increase** in trading volume, with approximately **71,963 shares** traded recently, although the stock price dipped from **$5.06** to **$4.93**.
• Analysts have upgraded Hochschild Mining to a **"strong-buy" rating**, with a consensus rating of **"Buy"** from multiple research firms.
• The company operates significant mining assets in Peru, specializing in **gold and silver extraction**, which contributes to its overall valuation and market performance.

Hochschild Mining PLC (OTCMKTS:HCHDF - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 71,963 shares were traded during mid-day trading, an increase of 123% from the previous session's volume of 32,332 shares.The stock last traded at $4.93 and had previously closed at $5.06.

Analyst Ratings Changes

A number of equities analysts have recently commented on HCHDF shares. Peel Hunt raised Hochschild Mining to a "strong-buy" rating in a research 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 equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Buy".

Hochschild Mining Price Performance

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 stock has a fifty day moving average of $4.19 and a 200-day moving average of $3.81.

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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