Brokerages Set Hochschild Mining plc (LON:HOC) PT at GBX 483.33

Shares of Hochschild Mining plc (LON:HOC) have been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 483.33.

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

Hochschild Mining Price Performance

HOC opened at GBX 668.50 on Tuesday. The firm has a market capitalization of £3.44 billion, a PE ratio of 23.05, a price-to-earnings-growth ratio of 0.41 and a beta of 0.80. The company has a debt-to-equity ratio of 49.70, a current ratio of 0.75 and a quick ratio of 1.87. The business’s 50-day moving average is GBX 653.65 and its two-hundred day moving average is GBX 469.86. Hochschild Mining has a 1 year low of GBX 187.80 and a 1 year high of GBX 849.50.

Hochschild Mining Company Profile

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.