Hochschild Mining (OTCMKTS:HCHDF) Sees Unusually-High Trading Volume – Should You Buy?

Hochschild Mining PLC (OTCMKTS:HCHDF) saw an uptick in trading volume on Tuesday . 173,715 shares changed hands during mid-day trading, an increase of 215% from the previous session’s volume of 55,223 shares.The stock last traded at $9.25 and had previously closed at $8.95.

Wall Street Analysts Forecast Growth

Separately, UBS Group lowered shares of Hochschild Mining from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 17th. Two 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 company. According to data from MarketBeat, Hochschild Mining currently has an average rating of “Buy”.

Hochschild Mining Stock Up 4.6%

The company’s 50 day simple moving average is $7.00 and its two-hundred day simple moving average is $5.34. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.53 and a current ratio of 0.75.

Hochschild Mining Company Profile

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.