Shares of Hochschild Mining plc (LON:HOC – Get Free Report) were up 12.6% during trading on Thursday . The company traded as high as GBX 224.50 ($2.91) and last traded at GBX 216 ($2.80). Approximately 3,533,057 shares traded hands during trading, an increase of 25% from the average daily volume of 2,837,316 shares. The stock had previously closed at GBX 191.80 ($2.49).
Analysts Set New Price Targets
Several research analysts have commented on HOC shares. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 300 ($3.89) target price on shares of Hochschild Mining in a report on Thursday, January 23rd. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 285 ($3.70) target price on shares of Hochschild Mining in a report on Wednesday.
Get Our Latest Research Report on HOC
Hochschild Mining Stock Performance
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.
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