Hochschild Mining (LON:HOC) Share Price Crosses Above 200 Day Moving Average of $104.12

Hochschild Mining plc (LON:HOC) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 104.12 ($1.29) and traded as high as GBX 153 ($1.89). Hochschild Mining shares last traded at GBX 153 ($1.89), with a volume of 1,461,749 shares traded.

Analyst Upgrades and Downgrades

HOC has been the topic of several research reports. Berenberg Bank boosted their price objective on shares of Hochschild Mining from GBX 150 ($1.85) to GBX 170 ($2.10) and gave the company a “buy” rating in a research report on Tuesday, March 26th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 160 ($1.98) price objective on shares of Hochschild Mining in a research report on Wednesday, February 21st.

Hochschild Mining Stock Down 2.6 %

The firm’s 50-day simple moving average is GBX 116.94 and its 200 day simple moving average is GBX 104.12. The company has a debt-to-equity ratio of 52.52, a quick ratio of 1.87 and a current ratio of 0.94. The stock has a market capitalization of £766.55 million, a P/E ratio of -1,912.50, a PEG ratio of 0.41 and a beta of 1.11.

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.