Hochschild Mining PLC (OTCMKTS:HCHDF) Sees Large Growth in Short Interest

Hochschild Mining PLC (OTCMKTS:HCHDFGet Free Report) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 51,510 shares, a growth of 518.4% from the July 15th total of 8,329 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 10,271 shares, the short-interest ratio is currently 5.0 days.

Hochschild Mining Price Performance

Hochschild Mining stock traded down $0.32 during mid-day trading on Thursday, hitting $6.78. The stock had a trading volume of 4,157 shares, compared to its average volume of 20,683. Hochschild Mining has a one year low of $3.45 and a one year high of $11.23. The company has a current ratio of 0.99, a quick ratio of 0.80 and a debt-to-equity ratio of 0.26. The firm’s 50 day moving average is $6.52 and its 200 day moving average is $7.98.

Analyst Ratings Changes

Several analysts have issued reports on HCHDF shares. Jefferies Financial Group assumed coverage on Hochschild Mining in a report on Monday, August 3rd. They set a “buy” rating for the company. Barclays reiterated an “overweight” rating on shares of Hochschild Mining in a research note on Tuesday, July 7th. Finally, Berenberg Bank upgraded shares of Hochschild Mining from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Hochschild Mining currently has a consensus rating of “Buy”.

Get Our Latest Stock Analysis on Hochschild Mining

Hochschild Mining Company Profile

(Get Free Report)

Hochschild Mining plc is a London‐based precious metals company engaged in the exploration, development and operation of underground silver and gold mines. The company focuses on extracting and processing high-grade ore through conventional underground mining methods, with silver as its primary product and gold as a valuable by‐product. Its operations encompass a full value chain, from exploration and feasibility studies to production and marketing of refined metals.

The company traces its heritage to early 20th‐century mining initiatives in South America and has built a strategic presence across Latin America.

Further Reading

Receive News & Ratings for Hochschild Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hochschild Mining and related companies with MarketBeat.com's FREE daily email newsletter.