Hochschild Mining (LON:HOC) Given “Buy” Rating at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Hochschild Mining (LON:HOC) in a research report released on Friday morning, Digital Look reports. They currently have a GBX 130 ($1.60) price objective on the stock.

A number of other analysts also recently weighed in on HOC. Barclays reaffirmed an overweight rating and issued a GBX 100 ($1.23) target price on shares of Hochschild Mining in a research report on Thursday, September 7th. Royal Bank of Canada reaffirmed an outperform rating and set a GBX 130 ($1.60) target price on shares of Hochschild Mining in a research note on Monday.

Hochschild Mining Stock Up 5.3 %

Shares of HOC traded up GBX 5.50 ($0.07) on Friday, reaching GBX 108.40 ($1.33). The stock had a trading volume of 1,006,736 shares, compared to its average volume of 1,273,565. The company has a debt-to-equity ratio of 46.39, a quick ratio of 1.87 and a current ratio of 0.93. Hochschild Mining has a 12-month low of GBX 60.50 ($0.74) and a 12-month high of GBX 109.30 ($1.34). The firm has a market capitalization of £557.67 million, a price-to-earnings ratio of -2,168.00, a price-to-earnings-growth ratio of 0.41 and a beta of 1.17. The company has a 50-day simple moving average of GBX 89 and a 200-day simple moving average of GBX 82.58.

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.