Hochschild Mining (OTCMKTS:HCHDF) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Hochschild Mining PLC (OTCMKTS:HCHDF) saw unusually-high trading volume on Monday . Approximately 114,612 shares were traded during mid-day trading, an increase of 79% from the previous session’s volume of 63,903 shares.The stock last traded at $9.45 and had previously closed at $9.0950.

Analysts Set New Price Targets

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

Hochschild Mining Stock Up 3.5%

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 $7.58 and its 200-day moving average price is $5.60.

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.