Hochschild Mining’s (HOC) Overweight Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their overweight rating on shares of Hochschild Mining (LON:HOC) in a research report released on Friday morning, Marketbeat reports.

Other equities analysts have also issued reports about the stock. Canaccord Genuity Group boosted their price objective on shares of Hochschild Mining from GBX 220 ($2.77) to GBX 310 ($3.90) and gave the stock a “buy” rating in a report on Thursday, October 24th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 200 ($2.52) target price on shares of Hochschild Mining in a research report on Wednesday, October 16th.

Hochschild Mining Price Performance

HOC stock opened at GBX 224 ($2.82) on Friday. The firm has a 50 day moving average price of GBX 208.21 and a 200-day moving average price of GBX 187.41. Hochschild Mining has a 52-week low of GBX 84.75 ($1.07) and a 52-week high of GBX 251.84 ($3.17). The firm has a market capitalization of £1.15 billion, a price-to-earnings ratio of 4,480.00, a PEG ratio of 0.41 and a beta of 1.08. The company has a debt-to-equity ratio of 55.11, a quick ratio of 1.87 and a current ratio of 0.89.

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.