Hochschild Mining (OTCMKTS:HCHDF) Stock Price Passes Above 50 Day Moving Average - Should You Sell?

Hochschild Mining plc (OTCMKTS:HCHDF - Get Free Report) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $2.61 and traded as high as $2.76. Hochschild Mining shares last traded at $2.75, with a volume of 81,091 shares.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Berenberg Bank downgraded Hochschild Mining from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, October 16th. Barclays raised Hochschild Mining to a "strong-buy" rating in a research report on Wednesday, October 16th. Finally, Royal Bank of Canada raised Hochschild Mining to a "moderate buy" rating in a research report on Monday, October 21st.

Hochschild Mining Trading Down 2.8 %

The business has a 50-day moving average of $2.61 and a 200-day moving average of $2.36.

Hochschild Mining Company Profile

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.