Hochschild Mining PLC (OTCMKTS:HCHDF) Sees Significant Drop in Short Interest

Hochschild Mining PLC (OTCMKTS:HCHDFGet Free Report) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 8,329 shares, a decrease of 55.3% from the June 30th total of 18,645 shares. Based on an average daily trading volume, of 5,081 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.0% of the company’s shares are sold short.

Hochschild Mining Stock Up 1.8%

Shares of HCHDF stock traded up $0.10 during trading on Tuesday, hitting $6.00. 500 shares of the company were exchanged, compared to its average volume of 22,116. The business’s 50-day simple moving average is $6.89 and its 200 day simple moving average is $8.09. Hochschild Mining has a twelve month low of $3.45 and a twelve month high of $11.23. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.80 and a current ratio of 0.99.

Analyst Upgrades and Downgrades

HCHDF has been the topic of several analyst reports. Barclays reissued an “overweight” rating on shares of Hochschild Mining in a research report on Tuesday, July 7th. Berenberg Bank upgraded shares of Hochschild Mining from a “hold” rating to a “strong-buy” rating in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

Read Our Latest Stock Report on HCHDF

Hochschild Mining Company Profile

(Get Free Report)

Hochschild Mining plc is a London‐based precious metals company engaged in the exploration, development and operation of underground silver and gold mines. The company focuses on extracting and processing high-grade ore through conventional underground mining methods, with silver as its primary product and gold as a valuable by‐product. Its operations encompass a full value chain, from exploration and feasibility studies to production and marketing of refined metals.

The company traces its heritage to early 20th‐century mining initiatives in South America and has built a strategic presence across Latin America.

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