Hochschild Mining (LON:HOC) Earns Buy Rating from Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Hochschild Mining (LON:HOC) in a research report sent to investors on Wednesday, MarketBeat.com reports. Canaccord Genuity Group currently has a GBX 160 ($1.98) target price on the stock.

Separately, Berenberg Bank upped their price target 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.

Hochschild Mining Stock Performance

Shares of LON:HOC opened at GBX 156.80 ($1.94) on Wednesday. The stock has a market capitalization of £806.67 million, a price-to-earnings ratio of -1,960.00, a PEG ratio of 0.41 and a beta of 1.11. Hochschild Mining has a 1-year low of GBX 67.50 ($0.83) and a 1-year high of GBX 157.80 ($1.95). 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 company has a 50 day moving average price of GBX 119.52 and a 200 day moving average price of GBX 105.

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.