Hochschild Mining (OTCMKTS:HCHDF) Shares Gap Up – Still a Buy?

Hochschild Mining PLC (OTCMKTS:HCHDF) gapped up prior to trading on Wednesday . The stock had previously closed at $6.9670, but opened at $7.17. Hochschild Mining shares last traded at $7.00, with a volume of 18,950 shares trading hands.

Analyst Upgrades and Downgrades

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

Hochschild Mining Stock Performance

The stock’s 50-day moving average price is $5.33 and its 200 day moving average price is $4.57. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.75 and a quick ratio of 0.53.

Hochschild Mining Company Profile

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.