Hochschild Mining (OTCMKTS:HCHDF) Stock Price Down 7.1% – Here’s Why

Hochschild Mining PLC (OTCMKTS:HCHDF)’s share price traded down 7.1% during trading on Friday . The company traded as low as $9.03 and last traded at $9.03. 1,863 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 62,583 shares. The stock had previously closed at $9.72.

Analyst Ratings Changes

Separately, UBS Group downgraded Hochschild Mining from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Hochschild Mining presently has a consensus rating of “Buy”.

Hochschild Mining Stock Down 3.2%

The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.53 and a current ratio of 0.75. The firm’s 50 day simple moving average is $7.65 and its 200 day simple moving average is $5.62.

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.