Hochschild Mining (OTCMKTS:HCHDF) Trading Up 14.4% – Still a Buy?

Hochschild Mining PLC (OTCMKTS:HCHDFGet Free Report) rose 14.4% during trading on Friday . The company traded as high as $7.20 and last traded at $7.20. Approximately 1,601 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 21,216 shares. The stock had previously closed at $6.2950.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on HCHDF shares. Berenberg Bank upgraded shares of Hochschild Mining from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Barclays reaffirmed an “overweight” rating on shares of Hochschild Mining in a research report on Tuesday, July 7th. Finally, Jefferies Financial Group started coverage on shares of Hochschild Mining in a report on Monday, August 3rd. They issued a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Check Out Our Latest Stock Report on Hochschild Mining

Hochschild Mining Price Performance

The company has a debt-to-equity ratio of 0.26, a current ratio of 0.99 and a quick ratio of 0.80. The firm has a 50-day simple moving average of $6.58 and a two-hundred day simple moving average of $8.01.

About Hochschild Mining

(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.

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