Hochschild Mining (LON:HOC) Sets New 1-Year High at $138.80

Hochschild Mining plc (LON:HOC - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The company traded as high as GBX 138.80 ($1.76) and last traded at GBX 136.25 ($1.72), with a volume of 94338 shares changing hands. The stock had previously closed at GBX 136.20 ($1.72).

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on HOC. Berenberg Bank lifted their target price on Hochschild Mining from GBX 150 ($1.90) to GBX 170 ($2.15) and gave the stock a "buy" rating in a report on Tuesday, March 26th. Canaccord Genuity Group restated a "buy" rating and set a GBX 160 ($2.03) price objective on shares of Hochschild Mining in a report on Wednesday, February 21st.

Hochschild Mining Stock Performance

The firm's 50 day simple moving average is GBX 106.35 and its 200-day simple moving average is GBX 99.05. The company has a market capitalization of £748.02 million, a price-to-earnings ratio of -1,729.20, a P/E/G ratio of 0.41 and a beta of 1.11. The company has a debt-to-equity ratio of 52.52, a quick ratio of 1.87 and a current ratio of 0.94.

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.