Hochschild Mining plc (LON:HOC - Get Free Report)'s stock price traded up 12.6% during trading on Wednesday . The stock traded as high as GBX 224.50 ($2.90) and last traded at GBX 216 ($2.79). 3,533,057 shares traded hands during trading, an increase of 25% from the average session volume of 2,837,316 shares. The stock had previously closed at GBX 191.80 ($2.48).
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on the stock. Canaccord Genuity Group reissued a "buy" rating and set a GBX 285 ($3.68) price objective on shares of Hochschild Mining in a research note on Wednesday. JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 300 ($3.88) target price on shares of Hochschild Mining in a research note on Thursday, January 23rd. Berenberg Bank dropped their target price on shares of Hochschild Mining from GBX 210 ($2.71) to GBX 200 ($2.59) and set a "hold" rating on the stock in a research note on Wednesday. Finally, Royal Bank of Canada upgraded shares of Hochschild Mining to an "outperform" rating and set a GBX 270 ($3.49) target price on the stock in a research note on Thursday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of GBX 273 ($3.53).
Get Our Latest Stock Analysis on HOC
Hochschild Mining Price Performance
The company has a quick ratio of 1.87, a current ratio of 0.89 and a debt-to-equity ratio of 61.86. The firm's fifty day moving average price is GBX 197.12 and its two-hundred day moving average price is GBX 203.01. The stock has a market capitalization of £1.52 billion, a PE ratio of 49.91, a PEG ratio of 0.41 and a beta of 1.08.
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.
Further Reading
Before you consider Hochschild Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hochschild Mining wasn't on the list.
While Hochschild Mining currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
