Hochschild Mining plc (LON:HOC) Receives Consensus Rating of “Moderate Buy” from Analysts

Hochschild Mining plc (LON:HOC) has received an average rating of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 483.33.

Several brokerages recently commented on HOC. Canaccord Genuity Group boosted their price objective on shares of Hochschild Mining from GBX 490 to GBX 750 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Berenberg Bank boosted their price target on shares of Hochschild Mining from GBX 430 to GBX 570 and gave the company a “hold” rating in a research report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. cut shares of Hochschild Mining to a “neutral” rating and upped their price target for the stock from GBX 600 to GBX 670 in a report on Monday, January 19th.

Hochschild Mining Stock Performance

Shares of HOC opened at GBX 636 on Friday. Hochschild Mining has a 52-week low of GBX 178 and a 52-week high of GBX 768.50. The stock’s 50-day simple moving average is GBX 541.01 and its 200 day simple moving average is GBX 405.51. The company has a debt-to-equity ratio of 61.86, a quick ratio of 1.87 and a current ratio of 0.89. The stock has a market capitalization of £3.27 billion, a price-to-earnings ratio of 21.93, a price-to-earnings-growth ratio of 0.41 and a beta of 1.08.

About Hochschild Mining

We are a leading underground precious metals producer focusing on high grade silver and gold deposits, with over 50 years’ operating experience in the Americas.

We currently operate three underground mines, two located in southern Peru and one in southern Argentina. All of our underground operations are epithermal vein mines and the principal mining method used is cut and fill. The ore at our operations is processed into silver-gold concentrate or dore.

Hochschild Mining plc is listed on the Main Market of the London Stock Exchange and is headquartered in Lima, Peru.