Hochschild Mining (OTCMKTS:HCHDF) Stock Rating Lowered by Royal Bank of Canada

Hochschild Mining (OTCMKTS:HCHDF - Get Free Report) was downgraded by equities researchers at Royal Bank of Canada from a "moderate buy" rating to a "hold" rating in a research note issued to investors on Wednesday,Zacks.com reports.

Several other brokerages have also recently weighed in on HCHDF. Berenberg Bank cut Hochschild Mining from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, October 16th. Barclays raised Hochschild Mining to a "strong-buy" rating in a report on Wednesday, October 16th.

Hochschild Mining Price Performance

HCHDF traded up $0.04 on Wednesday, hitting $2.30. The company's stock had a trading volume of 9,251 shares, compared to its average volume of 36,624. Hochschild Mining has a 12 month low of $1.09 and a 12 month high of $3.20. The company has a quick ratio of 0.61, a current ratio of 0.89 and a debt-to-equity ratio of 0.35. The company's 50 day simple moving average is $2.69 and its 200-day simple moving average is $2.55.

About Hochschild Mining

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver in the Americas. The company holds 100% interests in the Inmaculada gold/silver underground operation and Pallancata silver/gold property, which are located in the Department of Ayacucho in southern Peru.