Hochschild Mining PLC (OTCMKTS:HCHDF) Short Interest Down 75.7% in July

Key Points

• Hochschild Mining PLC experienced a significant decrease in short interest, dropping 75.7% from 16,900 shares to 4,100 shares in July.
• The company's stock price reached $4.14 with a 12-month high of $4.33, indicating a positive price trend.
• Analysts have rated Hochschild Mining with a consensus of "Buy," with two analysts issuing a "strong buy" rating recently.

Hochschild Mining PLC (OTCMKTS:HCHDF - Get Free Report) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 4,100 shares, adropof75.7% from the July 15th total of 16,900 shares. Currently,0.0% of the company's shares are sold short. Based on an average trading volume of 14,400 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 14,400 shares, the days-to-cover ratio is presently 0.3 days. Currently,0.0% of the company's shares are sold short.

Wall Street Analyst Weigh In

HCHDF has been the topic of several research analyst reports. Scotiabank upgraded shares of Hochschild Mining to a "strong-buy" rating in a report on Friday, June 13th. Peel Hunt raised shares of Hochschild Mining to a "strong-buy" rating in a research note on Thursday, June 12th. Finally, Barclays restated an "overweight" rating on shares of Hochschild Mining in a report on Wednesday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Buy".

Hochschild Mining Trading Up 0.8%

Shares of OTCMKTS HCHDF traded up $0.03 during trading on Wednesday, reaching $3.93. The stock had a trading volume of 3,452 shares, compared to its average volume of 31,469. Hochschild Mining has a fifty-two week low of $2.10 and a fifty-two week high of $4.33. The company has a current ratio of 0.73, a quick ratio of 0.54 and a debt-to-equity ratio of 0.24. The business's 50-day moving average price is $3.72 and its 200-day moving average price is $3.42.

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.