Hochschild Mining (OTCMKTS:HCHDF) Stock Price Crosses Above 50 Day Moving Average of $0.99

Shares of Hochschild Mining plc (OTCMKTS:HCHDF – Get Rating) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.99 and traded as high as $1.01. Hochschild Mining shares last traded at $1.01, with a volume of 13,000 shares changing hands.

Analyst Upgrades and Downgrades

HCHDF has been the topic of several recent research reports. UBS Group reduced their price target on Hochschild Mining from GBX 130 ($1.63) to GBX 125 ($1.57) in a research note on Wednesday, February 1st. Berenberg Bank raised their price target on Hochschild Mining from GBX 90 ($1.13) to GBX 100 ($1.25) in a research note on Thursday, February 2nd. Finally, JPMorgan Chase & Co. dropped their target price on Hochschild Mining from GBX 160 ($2.00) to GBX 155 ($1.94) in a research note on Thursday, May 11th.

Hochschild Mining Trading Up 2.7 %

The company’s fifty day moving average is $0.99 and its 200 day moving average is $0.88.

About Hochschild Mining

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Hochschild Mining Plc is a metals company, which focuses on the exploration, mining, processing and sale of silver and gold. It operates four underground mines located in southern Peru and southern Argentina. The company was founded by Mauricio Hochschild in 1911 and is headquartered in London, the United Kingdom.