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

Hochschild Mining logo with Basic Materials background

Hochschild Mining plc (OTCMKTS:HCHDF - Get Free Report)'s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $2.52 and traded as high as $2.88. Hochschild Mining shares last traded at $2.88, with a volume of 1,600 shares trading hands.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on HCHDF shares. Berenberg Bank downgraded Hochschild Mining from a "strong-buy" rating to a "hold" rating in a report on Wednesday, October 16th. Royal Bank of Canada raised Hochschild Mining to a "moderate buy" rating in a research note on Monday, October 21st. Finally, Barclays upgraded shares of Hochschild Mining to a "strong-buy" rating in a report on Wednesday, October 16th.

Read Our Latest Analysis on Hochschild Mining

Hochschild Mining Price Performance

The firm's 50-day simple moving average is $2.53 and its 200 day simple moving average is $2.31.

About Hochschild Mining

(Get Free Report)

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.

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