Hochschild Mining (OTCMKTS:HCHDF) Stock Price Up 15% – Time to Buy?

Hochschild Mining PLC (OTCMKTS:HCHDF) shares rose 15% during trading on Thursday . The company traded as high as $9.25 and last traded at $9.25. Approximately 10,820 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 40,988 shares. The stock had previously closed at $8.04.

Analyst Ratings Changes

Separately, UBS Group cut Hochschild Mining from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 17th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy”.

Hochschild Mining Price Performance

The company has a quick ratio of 0.53, a current ratio of 0.75 and a debt-to-equity ratio of 0.26. The stock has a fifty day moving average price of $6.24 and a 200 day moving average price of $5.00.

About Hochschild Mining

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.