Hochschild Mining (OTCMKTS:HCHDF) Shares Gap Down - What's Next?

Key Points

• Hochschild Mining shares gapped down from a previous closing price of $4.50 to an opening price of $4.30, with the last trade at $4.56 and a volume of 9,600 shares.
• Analyst ratings for Hochschild Mining show a bullish sentiment, with two analysts issuing a "strong-buy" rating and a consensus rating of "buy".
• The company specializes in the exploration, mining, processing, and sale of gold and silver in the Americas, particularly in Peru.

Hochschild Mining PLC (OTCMKTS:HCHDF - Get Free Report)'s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $4.50, but opened at $4.30. Hochschild Mining shares last traded at $4.56, with a volume of 9,600 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on HCHDF shares. Peel Hunt upgraded Hochschild Mining to a "strong-buy" rating in a report on Thursday, June 12th. Scotiabank upgraded 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 note on Wednesday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, one has given 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 an average rating of "Buy".

Hochschild Mining Trading Up 1.1%

The company has a current ratio of 0.75, a quick ratio of 0.53 and a debt-to-equity ratio of 0.26. The business has a fifty day moving average price of $4.03 and a two-hundred day moving average price of $3.70.

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.