Berenberg Bank Reaffirms Hold Rating for Hochschild Mining (LON:HOC)

Hochschild Mining (LON:HOCGet Free Report)‘s stock had its “hold” rating reaffirmed by Berenberg Bank in a research note issued to investors on Thursday,Digital Look reports. They presently have a GBX 590 price target on the stock. Berenberg Bank’s target price would indicate a potential downside of 9.18% from the company’s current price.

HOC has been the subject of a number of other reports. JPMorgan Chase & Co. reduced their price objective on shares of Hochschild Mining from GBX 990 to GBX 950 and set an “overweight” rating for the company in a research report on Tuesday, April 7th. Canaccord Genuity Group restated a “buy” rating and set a GBX 750 price objective on shares of Hochschild Mining in a research report on Thursday, March 12th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Hochschild Mining has an average rating of “Moderate Buy” and an average price target of GBX 586.

Get Our Latest Stock Analysis on Hochschild Mining

Hochschild Mining Trading Down 2.5%

Shares of Hochschild Mining stock traded down GBX 16.85 during trading on Thursday, hitting GBX 649.65. The stock had a trading volume of 836,656 shares, compared to its average volume of 7,523,135. The company has a debt-to-equity ratio of 47.67, a current ratio of 0.99 and a quick ratio of 1.87. The stock has a market cap of £3.34 billion, a PE ratio of 16.66, a PEG ratio of 0.41 and a beta of 1.00. The firm’s fifty day simple moving average is GBX 663.17 and its 200-day simple moving average is GBX 539.30. Hochschild Mining has a 12 month low of GBX 231 and a 12 month high of GBX 849.50.

Hochschild Mining Company Profile

(Get Free Report)

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.

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