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

Hochschild Mining plc (LON:HOC) has earned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 315.83.

Several research analysts have issued reports on the company. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 365 price target on shares of Hochschild Mining in a report on Wednesday, August 27th. JPMorgan Chase & Co. cut their price target on Hochschild Mining from GBX 390 to GBX 370 and set an “overweight” rating on the stock in a report on Thursday, August 28th. Berenberg Bank cut their price target on Hochschild Mining from GBX 300 to GBX 280 and set a “hold” rating on the stock in a report on Thursday, August 28th. Finally, UBS Group reiterated a “buy” rating and issued a GBX 300 price target on shares of Hochschild Mining in a report on Friday, August 15th.

Hochschild Mining Stock Up 2.5%

Shares of LON:HOC opened at GBX 380.42 on Friday. The business’s 50 day simple moving average is GBX 314.36 and its two-hundred day simple moving average is GBX 287.14. The firm has a market cap of £1.96 billion, a P/E ratio of 1,311.79, a PEG ratio of 0.41 and a beta of 1.08. The company has a debt-to-equity ratio of 61.86, a quick ratio of 1.87 and a current ratio of 0.89. Hochschild Mining has a 52-week low of GBX 166 and a 52-week high of GBX 385.

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.