Hochschild Mining (LON:HOC) Stock Price Passes Above Two Hundred Day Moving Average of $160.11

Hochschild Mining plc (LON:HOC)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 160.11 ($2.09) and traded as high as GBX 184.40 ($2.41). Hochschild Mining shares last traded at GBX 182.40 ($2.39), with a volume of 1,087,477 shares changing hands.

Analysts Set New Price Targets

Several research firms have recently issued reports on HOC. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 250 ($3.27) price objective on shares of Hochschild Mining in a report on Thursday, August 29th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 220 ($2.88) target price on shares of Hochschild Mining in a research report on Wednesday, August 28th. Finally, Berenberg Bank reaffirmed a “hold” rating and issued a GBX 200 ($2.62) price target on shares of Hochschild Mining in a report on Wednesday, August 28th.

Hochschild Mining Stock Up 4.0 %

The company has a current ratio of 0.89, a quick ratio of 1.87 and a debt-to-equity ratio of 55.11. The business’s fifty day moving average price is GBX 177.33 and its 200 day moving average price is GBX 160.59. The company has a market capitalization of £938.38 million, a P/E ratio of 3,648.00, a P/E/G ratio of 0.41 and a beta of 1.08.

Hochschild Mining Company Profile

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits in Peru, Argentina, the United States, Canada, Brazil, and Chile. The company's flagship asset include the Inmaculada gold and silver underground mine located in the Ayacucho Department, southern Peru.