JPMorgan Chase & Co. Reaffirms Overweight Rating for Hochschild Mining (LON:HOC)

Hochschild Mining (LON:HOC - Get Free Report)'s stock had its "overweight" rating reiterated by JPMorgan Chase & Co. in a report released on Friday, MarketBeat Ratings reports.

Several other equities analysts also recently commented on the stock. Canaccord Genuity Group increased their target price on shares of Hochschild Mining from GBX 220 ($2.76) to GBX 310 ($3.89) and gave the stock a "buy" rating in a research report on Thursday, October 24th. Berenberg Bank reissued a "hold" rating and set a GBX 200 ($2.51) price objective on shares of Hochschild Mining in a report on Wednesday, October 16th.

Hochschild Mining Stock Down 0.9 %

HOC stock traded down GBX 2 ($0.03) during trading hours on Friday, hitting GBX 224 ($2.81). The company's stock had a trading volume of 437,006 shares, compared to its average volume of 1,524,298. The company has a market capitalization of £1.15 billion, a PE ratio of 4,480.00, a price-to-earnings-growth ratio of 0.41 and a beta of 1.08. The stock has a 50 day moving average price of GBX 207.03 and a two-hundred day moving average price of GBX 186.90. The company has a quick ratio of 1.87, a current ratio of 0.89 and a debt-to-equity ratio of 55.11. Hochschild Mining has a 12 month low of GBX 84.75 ($1.06) and a 12 month high of GBX 251.84 ($3.16).

About Hochschild Mining

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits in Peru, Argentina, the United States, Canada, Brazil, and Chile. The company's flagship asset include the Inmaculada gold and silver underground mine located in the Ayacucho Department, southern Peru.