Short Interest in Hochschild Mining plc (OTCMKTS:HCHDF) Rises By 47.1%

Hochschild Mining plc (OTCMKTS:HCHDF - Get Free Report) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 331,900 shares, an increase of 47.1% from the March 15th total of 225,700 shares. Based on an average trading volume of 142,500 shares, the short-interest ratio is currently 2.3 days. Currently, 0.1% of the company's shares are sold short.

Hochschild Mining Stock Performance

Shares of OTCMKTS HCHDF traded down $0.26 during trading on Wednesday, hitting $3.94. 31,264 shares of the company traded hands, compared to its average volume of 47,375. The business's fifty day moving average is $3.10 and its 200 day moving average is $2.82. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.89 and a quick ratio of 0.61. Hochschild Mining has a fifty-two week low of $1.75 and a fifty-two week high of $4.33.

Analysts Set New Price Targets

HCHDF has been the subject of several recent analyst reports. Royal Bank of Canada raised Hochschild Mining from a "hold" rating to a "moderate buy" rating in a research note on Thursday, March 13th. Barclays restated an "overweight" rating on shares of Hochschild Mining in a report on Wednesday, April 16th.

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.