Hochschild Mining’s (HOC) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Hochschild Mining (LON:HOC) in a research report report published on Wednesday, Marketbeat Ratings reports. The firm currently has a GBX 285 ($3.70) price target on the stock.

Separately, 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.

Hochschild Mining Stock Performance

Shares of HOC stock opened at GBX 216 ($2.80) on Wednesday. The firm has a 50-day moving average of GBX 196.87 and a 200-day moving average of GBX 202.45. The company has a market cap of £1.40 billion, a P/E ratio of 46.07, a P/E/G ratio of 0.41 and a beta of 1.08. The company has a debt-to-equity ratio of 61.86, a current ratio of 0.89 and a quick ratio of 1.87. Hochschild Mining has a one year low of GBX 100.70 ($1.31) and a one year high of GBX 251.84 ($3.27).

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.