Hochschild Mining's (HOC) "Buy" Rating Reaffirmed at Canaccord Genuity Group

Hochschild Mining (LON:HOC - Get Free Report)'s stock had its "buy" rating reaffirmed by research analysts at Canaccord Genuity Group in a research report issued on Wednesday, MarketBeat Ratings reports. They presently have a GBX 160 ($1.98) price target on the stock. Canaccord Genuity Group's target price points to a potential upside of 2.04% from the company's current price.

Separately, Berenberg Bank upped their price target on shares of Hochschild Mining from GBX 150 ($1.85) to GBX 170 ($2.10) and gave the company a "buy" rating in a research report on Tuesday, March 26th.

Hochschild Mining Stock Performance

Shares of LON HOC traded up GBX 5.40 ($0.07) during midday trading on Wednesday, hitting GBX 156.80 ($1.94). 1,187,889 shares of the stock traded hands, compared to its average volume of 1,329,483. The firm has a market capitalization of £806.67 million, a P/E ratio of -1,960.00, a PEG 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 has a one year low of GBX 67.50 ($0.83) and a one year high of GBX 156.80 ($1.94). The firm has a 50-day moving average of GBX 119.52 and a two-hundred day moving average of GBX 105.

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.