Hochschild Mining (OTCMKTS:HCHDF) Sees Strong Trading Volume – Here’s Why

Hochschild Mining PLC (OTCMKTS:HCHDF) saw an uptick in trading volume on Friday . 104,121 shares were traded during mid-day trading, an increase of 92% from the previous session’s volume of 54,165 shares.The stock last traded at $11.23 and had previously closed at $10.70.

Wall Street Analysts Forecast Growth

Separately, UBS Group lowered Hochschild Mining from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

Hochschild Mining Trading Up 4.7%

The company has a debt-to-equity ratio of 0.26, a current ratio of 0.75 and a quick ratio of 0.53. The stock has a 50 day moving average price of $8.47 and a 200-day moving average price of $6.05.

About Hochschild Mining

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.