Hochschild Mining (LON:HOC) Earns Buy Rating from Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Hochschild Mining (LON:HOC) in a research note issued to investors on Wednesday, MarketBeat.com reports. They currently have a GBX 160 ($1.98) price target on the stock.

Separately, Berenberg Bank boosted their price target on Hochschild Mining from GBX 150 ($1.85) to GBX 170 ($2.10) and gave the company a buy rating in a research note on Tuesday, March 26th.

Hochschild Mining Price Performance

Shares of Hochschild Mining stock opened at GBX 158.40 ($1.96) on Wednesday. The company has a quick ratio of 1.87, a current ratio of 0.94 and a debt-to-equity ratio of 52.52. The stock has a market capitalization of £814.90 million, a price-to-earnings ratio of -1,980.00, a price-to-earnings-growth ratio of 0.41 and a beta of 1.11. Hochschild Mining has a twelve month low of GBX 67.50 ($0.83) and a twelve month high of GBX 163.20 ($2.02). The company has a 50-day simple moving average of GBX 122.26 and a two-hundred day simple moving average of GBX 106.14.

Hochschild Mining Company Profile

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver in the Americas. The company holds 100% interests in the Inmaculada gold/silver underground operation and Pallancata silver/gold property, which are located in the Department of Ayacucho in southern Peru.