Hochschild Mining (LON:HOC) Earns Buy Rating from Jefferies Financial Group

Hochschild Mining (LON:HOC – Get Free Report)‘s stock had its “buy” rating reissued by equities researchers at Jefferies Financial Group in a research report issued on Wednesday, Marketbeat Ratings reports. They currently have a GBX 700 price target on the stock. Jefferies Financial Group’s price target suggests a potential upside of 42.16% from the company’s previous close.

Several other research analysts have also commented on HOC. JPMorgan Chase & Co. raised Hochschild Mining to an “overweight” rating and lifted their price target for the stock from GBX 820 to GBX 840 in a research report on Thursday, July 23rd. Berenberg Bank increased their price objective on Hochschild Mining from GBX 570 to GBX 800 and gave the company a “buy” rating in a report on Friday, August 28th. Four analysts have rated the stock with a Buy rating. According to MarketBeat.com, Hochschild Mining currently has an average rating of “Buy” and an average price target of GBX 772.50.

View Our Latest Report on HOC

Hochschild Mining Stock Performance

Shares of LON HOC traded down GBX 13.60 during trading hours on Wednesday, reaching GBX 492.40. The stock had a trading volume of 473,429 shares, compared to its average volume of 9,628,545. The firm has a market cap of £2.53 billion, a price-to-earnings ratio of 8.49, a PEG ratio of 0.41 and a beta of 1.00. The company has a current ratio of 1.08, a quick ratio of 1.87 and a debt-to-equity ratio of 27.51. Hochschild Mining has a fifty-two week low of GBX 309.33 and a fifty-two week high of GBX 849.50. The firm has a 50-day moving average of GBX 575.32 and a 200-day moving average of GBX 560.92.

About Hochschild Mining

(Get Free Report)

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.

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