Hochschild Mining Plc (LON:HOC) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $169.41 and traded as high as $272.80. Hochschild Mining shares last traded at $259.60, with a volume of 1,805,978 shares changing hands.
HOC has been the topic of several recent research reports. Peel Hunt reaffirmed an “add” rating on shares of Hochschild Mining in a research report on Wednesday, July 15th. JPMorgan Chase & Co. increased their target price on Hochschild Mining from GBX 170 ($2.09) to GBX 180 ($2.22) and gave the company a “neutral” rating in a research report on Tuesday, July 14th. Royal Bank of Canada increased their target price on Hochschild Mining from GBX 200 ($2.46) to GBX 205 ($2.52) and gave the company a “sector performer” rating in a research report on Wednesday, July 15th. Panmure Gordon initiated coverage on Hochschild Mining in a research report on Tuesday, April 28th. They set a “hold” rating and a GBX 180 ($2.22) target price on the stock. Finally, UBS Group reaffirmed a “neutral” rating on shares of Hochschild Mining in a research report on Thursday, July 16th. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 206.30 ($2.54).
The company has a market cap of $1.39 billion and a PE ratio of 47.12. The company has a debt-to-equity ratio of 25.03, a quick ratio of 1.27 and a current ratio of 1.86. The stock has a 50 day moving average of GBX 211.37 and a 200-day moving average of GBX 169.41.
Hochschild Mining plc, a precious metals company, explores for, mines, processes, and sells silver and gold in the Americas. The company also offers doré and concentrates. It holds a 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; and Arcata, an underground operation located in the Department of Arequipa in southern Peru, as well as a 51% interest in the San Jose silver/gold mine is located in Argentina.
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