Hochschild Mining (LON:HOC) Upgraded by Berenberg Bank to “Buy” Rating

Berenberg Bank upgraded shares of Hochschild Mining (LON:HOC) to a buy rating in a research report sent to investors on Monday morning,Digital Look reports. They currently have GBX 570 target price on the stock.

Separately, JPMorgan Chase & Co. raised Hochschild Mining to an “overweight” rating and increased their target price for the stock from GBX 820 to GBX 840 in a research note on Thursday, July 23rd. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of GBX 560.

Hochschild Mining Trading Up 0.3%

LON HOC opened at GBX 446 on Monday. The firm has a market cap of £2.29 billion, a P/E ratio of 11.44, a P/E/G ratio of 0.41 and a beta of 0.95. The company has a debt-to-equity ratio of 47.67, a current ratio of 0.99 and a quick ratio of 1.87. The stock’s 50-day moving average is GBX 517.01 and its 200-day moving average is GBX 603.88. Hochschild Mining has a one year low of GBX 246.20 and a one year high of GBX 849.50.

Hochschild Mining Company Profile

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.