Hochschild Mining plc (LON:HOC) Receives GBX 395.83 Consensus Target Price from Analysts

Shares of Hochschild Mining plc (LON:HOC) have been given a consensus rating of “Moderate Buy” by the six ratings firms that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is GBX 395.83.

HOC has been the topic of a number of analyst reports. Berenberg Bank boosted their price objective on Hochschild Mining from GBX 380 to GBX 400 and gave the company a “hold” rating in a research note on Wednesday, October 22nd. Canaccord Genuity Group lifted their target price on Hochschild Mining from GBX 350 to GBX 465 and gave the company a “buy” rating in a report on Monday, October 13th. Peel Hunt reiterated a “buy” rating and set a GBX 340 price target on shares of Hochschild Mining in a research report on Tuesday, October 7th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Hochschild Mining from GBX 610 to GBX 600 and set an “overweight” rating on the stock in a report on Wednesday, December 3rd.

Hochschild Mining Trading Down 0.1%

Shares of Hochschild Mining stock opened at GBX 478 on Thursday. The firm has a market capitalization of £2.46 billion, a price-to-earnings ratio of 16.48, a PEG ratio of 0.41 and a beta of 1.08. The firm’s 50 day simple moving average is GBX 388.49 and its two-hundred day simple moving average is GBX 329.55. Hochschild Mining has a 12-month low of GBX 166 and a 12-month high of GBX 488.80. The company has a current ratio of 0.89, a quick ratio of 1.87 and a debt-to-equity ratio of 61.86.

Insider Transactions at Hochschild Mining

In other news, insider Mike Sylvestre purchased 1,620 shares of the business’s stock in a transaction on Thursday, October 30th. The stock was purchased at an average cost of GBX 331 per share, with a total value of £5,362.20. 43.62% of the stock is owned by corporate insiders.

About Hochschild Mining

We are a leading underground precious metals producer focusing on high grade silver and gold deposits, with over 50 years’ operating experience in the Americas.

We currently operate three underground mines, two located in southern Peru and one in southern Argentina. All of our underground operations are epithermal vein mines and the principal mining method used is cut and fill. The ore at our operations is processed into silver-gold concentrate or dore.

Hochschild Mining plc is listed on the Main Market of the London Stock Exchange and is headquartered in Lima, Peru.