Hochschild Mining (LON:HOC) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Hochschild Mining plc (LON:HOCGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 199.87 ($2.43) and traded as high as GBX 232 ($2.82). Hochschild Mining shares last traded at GBX 220.50 ($2.68), with a volume of 1,754,615 shares.

Analysts Set New Price Targets

HOC has been the subject of several recent analyst reports. JPMorgan Chase & Co. upped their price target on Hochschild Mining from GBX 310 ($3.77) to GBX 320 ($3.89) and gave the stock an “overweight” rating in a research note on Friday, December 6th. Berenberg Bank restated a “hold” rating and set a GBX 200 ($2.43) target price on shares of Hochschild Mining in a research report on Wednesday, October 16th. Finally, Canaccord Genuity Group lifted their price target on shares of Hochschild Mining from GBX 220 ($2.68) to GBX 310 ($3.77) and gave the company a “buy” rating in a report on Thursday, October 24th.

Read Our Latest Analysis on Hochschild Mining

Hochschild Mining Trading Down 3.3 %

The firm has a market cap of £1.13 billion, a P/E ratio of 4,410.00, a P/E/G ratio of 0.41 and a beta of 1.08. The stock has a 50 day simple moving average of GBX 218.74 and a 200-day simple moving average of GBX 199.87. The company has a current ratio of 0.89, a quick ratio of 1.87 and a debt-to-equity ratio of 55.11.

Hochschild Mining Company Profile

(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.

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