Hochschild Mining (LON:HOC) Hits New 1-Year High – What’s Next?

Hochschild Mining plc (LON:HOC) shares reached a new 52-week high on Friday . The stock traded as high as GBX 200.50 ($2.62) and last traded at GBX 199.60 ($2.61), with a volume of 5386808 shares changing hands. The stock had previously closed at GBX 190.40 ($2.49).

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Canaccord Genuity Group restated a “buy” rating and set a GBX 220 ($2.88) price target on shares of Hochschild Mining in a research report on Wednesday, August 28th. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 250 ($3.27) price target on shares of Hochschild Mining in a research report on Thursday, August 29th. Finally, Berenberg Bank restated a “hold” rating and set a GBX 200 ($2.62) price target on shares of Hochschild Mining in a research report on Wednesday, August 28th.

Hochschild Mining Price Performance

The company has a quick ratio of 1.87, a current ratio of 0.89 and a debt-to-equity ratio of 55.11. The stock has a market cap of £1.05 billion, a P/E ratio of 4,070.00, a price-to-earnings-growth ratio of 0.41 and a beta of 1.08. The business’s 50-day simple moving average is GBX 178.74 and its two-hundred day simple moving average is GBX 171.30.

About Hochschild Mining

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.