Canaccord Genuity Group Increases Hochschild Mining (LON:HOC) Price Target to GBX 310

Hochschild Mining (LON:HOC - Free Report) had its target price boosted by Canaccord Genuity Group from GBX 220 ($2.86) to GBX 310 ($4.02) in a report released on Thursday, MarketBeat Ratings reports. Canaccord Genuity Group currently has a buy rating on the stock.

Several other research firms also recently issued reports on HOC. JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 250 ($3.25) price objective on shares of Hochschild Mining in a report on Thursday, August 29th. Berenberg Bank reiterated a "hold" rating and set a GBX 200 ($2.60) price target on shares of Hochschild Mining in a research note on Wednesday, October 16th.

Hochschild Mining Trading Up 2.5 %

LON HOC traded up GBX 6 ($0.08) on Thursday, reaching GBX 242 ($3.14). The stock had a trading volume of 1,395,298 shares, compared to its average volume of 1,538,480. Hochschild Mining has a 12-month low of GBX 84 ($1.09) and a 12-month high of GBX 251.84 ($3.27). The stock has a fifty day moving average price of GBX 187.97 and a two-hundred day moving average price of GBX 176.67. The firm has a market capitalization of £1.24 billion, a price-to-earnings ratio of 4,840.00, a P/E/G ratio of 0.41 and a beta of 1.08. The company has a quick ratio of 1.87, a current ratio of 0.89 and a debt-to-equity ratio of 55.11.

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.