Hochschild Mining (LON:HOC) Stock Passes Above 200 Day Moving Average of $104.12

Hochschild Mining plc (LON:HOC) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 104.12 ($1.29) and traded as high as GBX 153 ($1.89). Hochschild Mining shares last traded at GBX 153 ($1.89), with a volume of 1,461,749 shares trading hands.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Berenberg Bank increased their price target on Hochschild Mining from GBX 150 ($1.85) to GBX 170 ($2.10) and gave the stock a “buy” rating in a research report on Tuesday, March 26th. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 160 ($1.98) price target on shares of Hochschild Mining in a research report on Wednesday.

Hochschild Mining Price Performance

The company has a current ratio of 0.94, a quick ratio of 1.87 and a debt-to-equity ratio of 52.52. The business has a 50-day moving average price of GBX 119.52 and a two-hundred day moving average price of GBX 105. The firm has a market capitalization of £806.67 million, a price-to-earnings ratio of -1,960.00, a PEG ratio of 0.41 and a beta of 1.11.

Hochschild Mining Company Profile

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.