Hochschild Mining (OTCMKTS:HCHDF) Trading Up 15% – Here’s Why

Hochschild Mining PLC (OTCMKTS:HCHDF)’s share price traded up 15% on Thursday . The company traded as high as $9.25 and last traded at $9.25. 10,820 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 40,988 shares. The stock had previously closed at $8.04.

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 issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy”.

Hochschild Mining Price Performance

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 firm has a 50-day moving average price of $6.24 and a 200-day moving average price of $5.00.

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.