Hochschild Mining plc (LON:HOC) Receives GBX 395.83 Consensus PT from Brokerages

Shares of Hochschild Mining plc (LON:HOC) have received a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 395.83.

Several brokerages recently commented on HOC. Peel Hunt reiterated a “buy” rating and set a GBX 340 target price on shares of Hochschild Mining in a report on Tuesday, October 7th. Canaccord Genuity Group lifted their price objective on shares of Hochschild Mining from GBX 350 to GBX 465 and gave the company a “buy” rating in a research note on Monday, October 13th. JPMorgan Chase & Co. reduced their target price on shares of Hochschild Mining from GBX 610 to GBX 600 and set an “overweight” rating on the stock in a research report on Wednesday, December 3rd. Finally, Berenberg Bank raised their price target on shares of Hochschild Mining from GBX 380 to GBX 400 and gave the company a “hold” rating in a report on Wednesday, October 22nd.

Hochschild Mining Stock Up 1.9%

Shares of LON HOC opened at GBX 581.50 on Monday. The stock has a fifty day moving average price of GBX 444.64 and a 200 day moving average price of GBX 362.36. The company has a current ratio of 0.89, a quick ratio of 1.87 and a debt-to-equity ratio of 61.86. Hochschild Mining has a 12-month low of GBX 166 and a 12-month high of GBX 585. The company has a market cap of £2.99 billion, a P/E ratio of 20.05, a P/E/G ratio of 0.41 and a beta of 1.08.

Insider Buying and Selling at Hochschild Mining

In other Hochschild Mining news, insider Mike Sylvestre bought 1,620 shares of the company’s stock in a transaction dated Thursday, October 30th. The shares were acquired at an average cost of GBX 331 per share, with a total value of £5,362.20. 43.62% of the stock is owned by corporate insiders.

About Hochschild Mining

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.