Hochschild Mining (OTCMKTS:HCHDF) Shares Cross Above 50-Day Moving Average - Should You Sell?

Key Points

• Hochschild Mining's stock price recently crossed above its 50-day moving average, reaching a high of $5.17 during trading, while closing at $5.04.
• Analysts have shown positive sentiment towards the stock, with multiple upgrades to a "strong-buy" rating from firms like Scotiabank and Peel Hunt.
• The company, which focuses on the exploration and mining of precious metals in the Americas, holds significant interests in Peru, including the Inmaculada and Pallancata properties.

Hochschild Mining PLC (OTCMKTS:HCHDF - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $4.32 and traded as high as $5.17. Hochschild Mining shares last traded at $5.04, with a volume of 17,861 shares traded.

Analyst Ratings Changes

Several analysts recently commented on the stock. Scotiabank upgraded shares of Hochschild Mining to a "strong-buy" rating in a research note 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 given a Hold rating to the company's stock. According to data from MarketBeat.com, Hochschild Mining currently has a consensus rating of "Buy".

Hochschild Mining Stock Performance

The company's 50-day moving average is $4.32 and its 200-day moving average is $3.88. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.75 and a quick ratio of 0.53.

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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