Hochschild Mining (OTCMKTS:HCHDF) Cut to “Hold” at Royal Bank of Canada

Hochschild Mining (OTCMKTS:HCHDF) was downgraded by Royal Bank of Canada from a “moderate buy” rating to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.

Other analysts have also recently issued reports about the company. Barclays upgraded Hochschild Mining to a “strong-buy” rating in a research report on Wednesday, October 16th. Berenberg Bank lowered shares of Hochschild Mining from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 16th.

Hochschild Mining Stock Up 1.5 %

HCHDF stock opened at $2.30 on Wednesday. Hochschild Mining has a 1-year low of $1.09 and a 1-year high of $3.20. The company has a current ratio of 0.89, a quick ratio of 0.61 and a debt-to-equity ratio of 0.35. The business’s 50 day moving average is $2.69 and its 200-day moving average is $2.55.

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.