Hochschild Mining (OTCMKTS:HCHDF) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

Hochschild Mining plc (OTCMKTS:HCHDF)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $2.52 and traded as high as $2.88. Hochschild Mining shares last traded at $2.88, with a volume of 1,600 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on HCHDF shares. Berenberg Bank downgraded shares of Hochschild Mining from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 16th. Barclays upgraded shares of Hochschild Mining to a “strong-buy” rating in a research note on Wednesday, October 16th. Finally, Royal Bank of Canada upgraded shares of Hochschild Mining to a “moderate buy” rating in a research note on Monday, October 21st.

Hochschild Mining Trading Down 4.0 %

The business’s 50-day simple moving average is $2.52 and its 200-day simple moving average is $2.30.

About Hochschild Mining

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver in the Americas. The company holds 100% interests in the Inmaculada gold/silver underground operation and Pallancata silver/gold property, which are located in the Department of Ayacucho in southern Peru.