Hochschild Mining (OTCMKTS:HCHDF) Shares Gap Up – Here’s What Happened

Hochschild Mining PLC (OTCMKTS:HCHDF)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $9.55, but opened at $10.08. Hochschild Mining shares last traded at $9.62, with a volume of 12,454 shares traded.

Analyst Ratings Changes

Separately, UBS Group downgraded 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 assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Hochschild Mining Trading Down 3.0%

The firm’s 50 day moving average is $6.52 and its 200 day moving average is $5.14. The company has a quick ratio of 0.53, a current ratio of 0.75 and a debt-to-equity ratio of 0.26.

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.