Hochschild Mining (OTCMKTS:HCHDF) Shares Pass Above Fifty Day Moving Average – What’s Next?

Shares of Hochschild Mining plc (OTCMKTS:HCHDF) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $2.46 and traded as high as $2.49. Hochschild Mining shares last traded at $2.47, with a volume of 17,776 shares traded.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada downgraded Hochschild Mining from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, January 22nd.

Hochschild Mining Trading Down 2.2 %

The company has a 50 day moving average of $2.46 and a two-hundred day moving average of $2.57. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.61 and a current ratio of 0.89.

Hochschild Mining Company Profile

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.