Hochschild Mining (LON:HOC) Rating Reiterated by Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Hochschild Mining (LON:HOC) in a research report sent to investors on Wednesday, MarketBeat reports. They currently have a GBX 220 ($2.90) target price on the stock.

A number of other brokerages have also weighed in on HOC. Berenberg Bank restated a hold rating and issued a GBX 200 ($2.64) price objective on shares of Hochschild Mining in a report on Wednesday, July 24th. JPMorgan Chase & Co. dropped their target price on Hochschild Mining from GBX 260 ($3.43) to GBX 250 ($3.30) and set an overweight rating on the stock in a report on Wednesday, July 3rd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Hochschild Mining presently has a consensus rating of Moderate Buy and a consensus price target of GBX 180 ($2.37).

Hochschild Mining Stock Down 0.9 %

HOC stock opened at GBX 171.80 ($2.27) on Wednesday. The company’s 50 day moving average price is GBX 179.82 and its 200 day moving average price is GBX 154.75. The firm has a market capitalization of £883.84 million, a price-to-earnings ratio of 3,436.00, a PEG ratio of 0.41 and a beta of 1.07. Hochschild Mining has a fifty-two week low of GBX 75 ($0.99) and a fifty-two week high of GBX 195 ($2.57). 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.