Hochschild Mining (OTCMKTS:HCHDF) Hits New 52-Week High – Here’s Why

Hochschild Mining PLC (OTCMKTS:HCHDF) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $7.08 and last traded at $6.98, with a volume of 15746 shares. The stock had previously closed at $6.7650.

Wall Street Analysts Forecast Growth

Separately, UBS Group cut 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 assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Hochschild Mining Stock Performance

The stock has a 50 day moving average price of $5.29 and a two-hundred day moving average price of $4.55. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.53 and a current ratio of 0.75.

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.