Hochschild Mining’s (HOC) Buy Rating Reiterated at Berenberg Bank

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

Several other brokerages also recently weighed in on HOC. Barclays restated an overweight rating and set a GBX 100 ($1.23) target price on shares of Hochschild Mining in a research note 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 Trading Up 5.3 %

Shares of HOC stock traded up GBX 5.50 ($0.07) on Friday, reaching GBX 108.40 ($1.33). 1,006,736 shares of the company’s stock were exchanged, compared to its average volume of 1,273,565. Hochschild Mining has a 52 week low of GBX 60.50 ($0.74) and a 52 week high of GBX 109.30 ($1.34). The company has a current ratio of 0.93, a quick ratio of 1.87 and a debt-to-equity ratio of 46.39. The stock has a market capitalization of £557.67 million, a PE ratio of -2,168.00, a P/E/G ratio of 0.41 and a beta of 1.17. The company’s fifty day simple moving average is GBX 89 and its 200 day simple moving average is GBX 82.58.

About Hochschild Mining

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.