Hochschild Mining (OTCMKTS:HCHDF) Shares Gap Up – Time to Buy?

Hochschild Mining PLC (OTCMKTS:HCHDF) shares gapped up before the market opened on Wednesday . The stock had previously closed at $8.00, but opened at $8.55. Hochschild Mining shares last traded at $8.55, with a volume of 6,839 shares.

Analysts Set New Price Targets

Separately, UBS Group downgraded Hochschild Mining from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. Two equities research 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, Hochschild Mining has an average rating of “Buy”.

Hochschild Mining Stock Up 3.7%

The company has a quick ratio of 0.53, a current ratio of 0.75 and a debt-to-equity ratio of 0.26. The firm has a fifty day moving average price of $6.32 and a 200 day moving average price of $5.03.

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.