Hochschild Mining (LON:HOC) PT Raised to GBX 310

Hochschild Mining (LON:HOC) had its target price increased by investment analysts at Canaccord Genuity Group from GBX 220 ($2.86) to GBX 310 ($4.02) in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 29.71% from the company’s previous close.

Other research analysts have also recently issued research reports about the stock. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 200 ($2.60) price objective on shares of Hochschild Mining in a report on Wednesday, October 16th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 250 ($3.25) price target on shares of Hochschild Mining in a research note on Thursday, August 29th.

Hochschild Mining Price Performance

Shares of LON HOC opened at GBX 239 ($3.10) on Thursday. The company has a debt-to-equity ratio of 55.11, a current ratio of 0.89 and a quick ratio of 1.87. The firm’s 50 day simple moving average is GBX 190.46 and its 200-day simple moving average is GBX 177.75. Hochschild Mining has a 12 month low of GBX 84.75 ($1.10) and a 12 month high of GBX 251.84 ($3.27). The stock has a market capitalization of £1.23 billion, a price-to-earnings ratio of 4,780.00, a PEG 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.