Short Interest in Hochschild Mining plc (OTCMKTS:HCHDF) Decreases By 8.9%

Hochschild Mining plc (OTCMKTS:HCHDFGet Free Report) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totalling 62,800 shares, a decline of 8.9% from the August 15th total of 68,900 shares. Based on an average daily volume of 52,600 shares, the short-interest ratio is presently 1.2 days.

Analysts Set New Price Targets

HCHDF has been the subject of several recent research reports. JPMorgan Chase & Co. decreased their target price on shares of Hochschild Mining from GBX 160 ($1.98) to GBX 155 ($1.92) in a research report on Wednesday, July 26th. Berenberg Bank boosted their target price on shares of Hochschild Mining from GBX 100 ($1.24) to GBX 130 ($1.61) in a research report on Wednesday, August 23rd.

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Hochschild Mining Stock Up 6.4 %

HCHDF traded up $0.07 during midday trading on Tuesday, reaching $1.16. The company had a trading volume of 20,770 shares, compared to its average volume of 13,380. The business has a 50-day moving average price of $1.05 and a two-hundred day moving average price of $0.99. Hochschild Mining has a 12-month low of $0.54 and a 12-month high of $1.20.

Hochschild Mining Company Profile

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Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver in the Americas. The company holds 100% interests in the Inmaculada gold/silver underground operation and Pallancata silver/gold property, which are located in the Department of Ayacucho in southern Peru.

Further Reading

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