Hochschild Mining plc (LON:HOC) Receives GBX 483.33 Consensus Price Target from Brokerages

Shares of Hochschild Mining plc (LON:HOC) have earned a consensus rating of “Moderate Buy” from the six analysts that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 483.33.

A number of equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. downgraded shares of Hochschild Mining to a “neutral” rating and upped their price target for the company from GBX 600 to GBX 670 in a research note on Monday, January 19th. Canaccord Genuity Group upped their target price on shares of Hochschild Mining from GBX 490 to GBX 750 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Finally, Berenberg Bank increased their price target on shares of Hochschild Mining from GBX 430 to GBX 570 and gave the company a “hold” rating in a report on Thursday, January 22nd.

Hochschild Mining Stock Performance

LON HOC opened at GBX 689.50 on Friday. The company has a debt-to-equity ratio of 61.86, a current ratio of 0.89 and a quick ratio of 1.87. Hochschild Mining has a 1-year low of GBX 178.40 and a 1-year high of GBX 768.50. The business has a 50 day simple moving average of GBX 555.96 and a two-hundred day simple moving average of GBX 415.35. The stock has a market capitalization of £3.55 billion, a PE ratio of 23.78, a P/E/G ratio of 0.41 and a beta of 1.08.

About Hochschild Mining

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. The ore at our operations is processed into silver-gold concentrate or dore.

Hochschild Mining plc is listed on the Main Market of the London Stock Exchange and is headquartered in Lima, Peru.