Hochschild Mining PLC (OTCMKTS:HCHDF) Short Interest Down 55.3% in July

Hochschild Mining PLC (OTCMKTS:HCHDFGet Free Report) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 8,329 shares, a decline of 55.3% from the June 30th total of 18,645 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 5,081 shares, the days-to-cover ratio is currently 1.6 days.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Berenberg Bank raised shares of Hochschild Mining from a “hold” rating to a “strong-buy” rating in a research note on Monday. Barclays restated an “overweight” rating on shares of Hochschild Mining in a report on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Read Our Latest Research Report on HCHDF

Hochschild Mining Price Performance

OTCMKTS:HCHDF opened at $5.86 on Thursday. The company has a quick ratio of 0.80, a current ratio of 0.99 and a debt-to-equity ratio of 0.26. The firm’s 50-day moving average price is $6.81 and its 200-day moving average price is $8.08. Hochschild Mining has a 1-year low of $3.45 and a 1-year high of $11.23.

Hochschild Mining Company Profile

(Get Free Report)

Hochschild Mining plc is a London‐based precious metals company engaged in the exploration, development and operation of underground silver and gold mines. The company focuses on extracting and processing high-grade ore through conventional underground mining methods, with silver as its primary product and gold as a valuable by‐product. Its operations encompass a full value chain, from exploration and feasibility studies to production and marketing of refined metals.

The company traces its heritage to early 20th‐century mining initiatives in South America and has built a strategic presence across Latin America.

Further Reading

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