Hochschild Mining plc (LON:HOC) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Hochschild Mining plc (LON:HOC) have received an average recommendation of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 483.33.

A number of equities analysts have commented on HOC shares. Canaccord Genuity Group boosted their price objective on shares of Hochschild Mining from GBX 490 to GBX 750 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Berenberg Bank raised their price objective on Hochschild Mining from GBX 430 to GBX 570 and gave the stock a “hold” rating in a research note on Thursday, January 22nd. Finally, JPMorgan Chase & Co. downgraded Hochschild Mining to a “neutral” rating and lifted their target price for the company from GBX 600 to GBX 670 in a research note on Monday, January 19th.

Hochschild Mining Stock Performance

Hochschild Mining stock opened at GBX 658 on Tuesday. The stock’s 50 day moving average price is GBX 656.87 and its 200 day moving average price is GBX 473.62. Hochschild Mining has a one year low of GBX 187.80 and a one year high of GBX 849.50. The company has a debt-to-equity ratio of 49.70, a quick ratio of 1.87 and a current ratio of 0.75. The firm has a market capitalization of £3.39 billion, a PE ratio of 22.69, a price-to-earnings-growth ratio of 0.41 and a beta of 0.80.

Hochschild Mining Company Profile

We are a leading underground precious metals producer focusing on high grade silver and gold deposits, with over 50 years’ operating experience in the Americas.

We currently operate three underground mines, two located in southern Peru and one in southern Argentina. All of our underground operations are epithermal vein mines and the principal mining method used is cut and fill. The ore at our operations is processed into silver-gold concentrate or dore.

Hochschild Mining plc is listed on the Main Market of the London Stock Exchange and is headquartered in Lima, Peru.