Hochschild Mining’s (HOC) Buy Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Hochschild Mining (LON:HOC) in a research report released on Wednesday morning, MarketBeat reports. The brokerage currently has a GBX 160 ($1.98) price objective on the stock.

Separately, Berenberg Bank increased their price objective on Hochschild Mining from GBX 150 ($1.85) to GBX 170 ($2.10) and gave the company a buy rating in a report on Tuesday, March 26th.

Hochschild Mining Stock Down 0.8 %

Shares of HOC stock opened at GBX 158.40 ($1.96) on Wednesday. The stock’s 50-day simple moving average is GBX 122.26 and its 200-day simple moving average is GBX 105.96. The company has a debt-to-equity ratio of 52.52, a quick ratio of 1.87 and a current ratio of 0.94. The firm has a market capitalization of £814.90 million, a PE ratio of -1,980.00, a P/E/G ratio of 0.41 and a beta of 1.11. Hochschild Mining has a fifty-two week low of GBX 67.50 ($0.83) and a fifty-two week high of GBX 163.20 ($2.02).

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.