Hochschild Mining plc (LON:HOC - Get Free Report)'s share price rose 15.1% on Wednesday . The stock traded as high as GBX 222 ($2.88) and last traded at GBX 220.80 ($2.86). Approximately 2,675,693 shares changed hands during mid-day trading, a decline of 5% from the average daily volume of 2,820,169 shares. The stock had previously closed at GBX 191.80 ($2.49).
A number of brokerages have recently commented on HOC. JPMorgan Chase & Co. reaffirmed an "overweight" rating and issued a GBX 300 ($3.89) target price on shares of Hochschild Mining in a report on Thursday, January 23rd. Canaccord Genuity Group restated a "buy" rating and issued a GBX 285 ($3.70) price objective on shares of Hochschild Mining in a research note on Wednesday.
View Our Latest Analysis on HOC
The company has a debt-to-equity ratio of 61.86, a current ratio of 0.89 and a quick ratio of 1.87. The company has a 50 day moving average price of GBX 196.83 and a 200 day moving average price of GBX 202.25. The firm has a market cap of £1.40 billion, a PE ratio of 46.07, a PEG ratio of 0.41 and a beta of 1.08.
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.
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