Hochschild Mining plc (LON:HOC - Get Free Report)'s share price traded down 15.5% during trading on Wednesday . The stock traded as low as GBX 186 ($2.29) and last traded at GBX 193.40 ($2.38). 9,867,523 shares changed hands during mid-day trading, an increase of 268% from the average session volume of 2,678,564 shares. The stock had previously closed at GBX 229 ($2.82).
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the company. Canaccord Genuity Group raised their price target on Hochschild Mining from GBX 220 ($2.71) to GBX 310 ($3.82) and gave the stock a "buy" rating in a research note on Thursday, October 24th. Berenberg Bank reissued a "hold" rating and issued a GBX 200 ($2.46) target price on shares of Hochschild Mining in a research report on Wednesday, October 16th. JPMorgan Chase & Co. restated an "overweight" rating and issued a GBX 300 ($3.69) target price on shares of Hochschild Mining in a report on Thursday. Finally, Canaccord Genuity Group cut their price target on shares of Hochschild Mining from GBX 310 ($3.82) to GBX 285 ($3.51) and set a "buy" rating on the stock in a research note on Thursday.
Check Out Our Latest Stock Report on HOC
Hochschild Mining Stock Performance
The company has a current ratio of 0.89, a quick ratio of 1.87 and a debt-to-equity ratio of 55.11. The company has a market capitalization of £946.61 million, a price-to-earnings ratio of 3,680.00, a price-to-earnings-growth ratio of 0.41 and a beta of 1.08. The stock has a 50-day simple moving average of GBX 218.44 and a 200-day simple moving average of GBX 200.71.
About Hochschild Mining
(
Get Free Report)
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.
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