Hochschild Mining (OTCMKTS:HCHDF) Sees Large Volume Increase – Time to Buy?

Hochschild Mining PLC (OTCMKTS:HCHDF) shares saw strong trading volume on Friday . 104,121 shares changed hands during trading, an increase of 92% from the previous session’s volume of 54,165 shares.The stock last traded at $11.23 and had previously closed at $10.70.

Analyst Upgrades and Downgrades

Separately, UBS Group lowered shares of Hochschild Mining from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy”.

Hochschild Mining Price Performance

The company has a current ratio of 0.75, a quick ratio of 0.53 and a debt-to-equity ratio of 0.26. The stock’s fifty day moving average price is $8.47 and its 200-day moving average price is $6.05.

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.