Hochschild Mining (LON:HOC) Hits New 12-Month High at $155.00

Hochschild Mining plc (LON:HOC)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 155 ($1.91) and last traded at GBX 154.20 ($1.90), with a volume of 2739881 shares. The stock had previously closed at GBX 151.40 ($1.87).

Analyst Upgrades and Downgrades

HOC has been the topic of a number of recent analyst reports. Berenberg Bank lifted their price objective on Hochschild Mining from GBX 150 ($1.85) to GBX 170 ($2.10) and gave the stock a “buy” rating in a research note on Tuesday, March 26th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 160 ($1.98) target price on shares of Hochschild Mining in a research report on Wednesday.

Hochschild Mining Trading Up 0.8 %

The firm has a market capitalization of £827.25 million, a price-to-earnings ratio of -1,995.00, a P/E/G ratio of 0.41 and a beta of 1.11. The business has a 50-day moving average of GBX 120.91 and a two-hundred day moving average of GBX 105.38. The company has a quick ratio of 1.87, a current ratio of 0.94 and a debt-to-equity ratio of 52.52.

Hochschild Mining Company Profile

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.