Hochschild Mining plc (OTCMKTS:HCHDF) Short Interest Down 12.0% in August

Hochschild Mining plc (OTCMKTS:HCHDF) was the target of a significant drop in short interest in August. As of August 15th, there was short interest totalling 68,900 shares, a drop of 12.0% from the July 31st total of 78,300 shares. Based on an average daily volume of 63,900 shares, the short-interest ratio is presently 1.1 days.

Wall Street Analyst Weigh In

A number of research firms have commented on HCHDF. Berenberg Bank lifted their price objective on shares of Hochschild Mining from GBX 100 ($1.26) to GBX 130 ($1.64) in a report on Wednesday, August 23rd. JPMorgan Chase & Co. decreased their price objective on shares of Hochschild Mining from GBX 160 ($2.02) to GBX 155 ($1.95) in a report on Wednesday, July 26th.

Hochschild Mining Stock Performance

OTCMKTS:HCHDF opened at $1.19 on Thursday. The business has a 50 day simple moving average of $1.00 and a 200 day simple moving average of $0.96. Hochschild Mining has a 12-month low of $0.54 and a 12-month high of $1.20.

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.