Hochschild Mining (LON:HOC) Shares Cross Above 200-Day Moving Average of $65.85

Hochschild Mining plc (LON:HOCGet Rating)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 65.85 ($0.80) and traded as high as GBX 70.35 ($0.86). Hochschild Mining shares last traded at GBX 69.70 ($0.85), with a volume of 1,961,579 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on HOC. Berenberg Bank increased their target price on shares of Hochschild Mining from GBX 90 ($1.10) to GBX 100 ($1.22) and gave the company a “hold” rating in a research report on Wednesday, February 1st. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 170 ($2.07) target price on shares of Hochschild Mining in a research note on Wednesday, February 1st.

Hochschild Mining Stock Performance

The company has a market cap of ¬£358.17 million, a PE ratio of 1,394.00, a PEG ratio of 0.41 and a beta of 1.28. The business’s 50-day moving average is GBX 70.83 and its 200 day moving average is GBX 65.85. The company has a debt-to-equity ratio of 43.28, a quick ratio of 1.87 and a current ratio of 2.37.

About Hochschild Mining

(Get Rating)

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver in the Americas. It 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.

Further Reading

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