Hochschild Mining (OTCMKTS:HCHDF) Shares Gap Down – What’s Next?

Hochschild Mining PLC (OTCMKTS:HCHDF) gapped down before the market opened on Tuesday . The stock had previously closed at $9.3350, but opened at $8.65. Hochschild Mining shares last traded at $8.90, with a volume of 2,616 shares trading hands.

Wall Street Analyst Weigh In

Separately, UBS Group cut Hochschild Mining from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Hochschild Mining currently has an average rating of “Buy”.

Hochschild Mining Stock Up 1.4%

The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.53 and a current ratio of 0.75. The business’s 50-day moving average price is $7.95 and its 200-day moving average price is $5.80.

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.