Hochschild Mining PLC (OTCMKTS:HCHDF) Short Interest Update

Key Points

• Hochschild Mining PLC experienced a notable 84.5% decline in short interest in August, with current short interest totaling just 23,400 shares, representing 0.0% of the company's shares.
• Wall Street analysts have rated Hochschild Mining positively, with two analysts giving a "Strong Buy" rating and an average rating of "Buy" for the stock.
• During trading, Hochschild Mining shares slightly decreased by 0.1%, reaching $4.51, with the stock having a 1-year low of $2.11 and a high of $4.73.

Hochschild Mining PLC (OTCMKTS:HCHDF - Get Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 23,400 shares, a decline of 84.5% from the August 15th total of 151,400 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 45,100 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 45,100 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

HCHDF has been the subject of a number of recent research reports. Barclays reaffirmed an "overweight" rating on shares of Hochschild Mining in a research report on Wednesday, June 11th. Scotiabank raised Hochschild Mining to a "strong-buy" rating in a research report on Friday, June 13th. Finally, Peel Hunt raised Hochschild Mining to a "strong-buy" rating in a research report on Thursday, June 12th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy".

Hochschild Mining Trading Down 0.1%

Shares of HCHDF stock traded down $0.01 during trading hours on Thursday, reaching $4.51. 15,683 shares of the company's stock were exchanged, compared to its average volume of 33,127. The company's 50 day moving average is $3.94 and its two-hundred day moving average is $3.60. Hochschild Mining has a 1 year low of $2.11 and a 1 year high of $4.73. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.54 and a current ratio of 0.75.

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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