Hochschild Mining (LON:HOC) Hits New 12-Month High at $155.00

Hochschild Mining plc (LON:HOC) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 155 ($1.91) and last traded at GBX 154.20 ($1.90), with a volume of 2739881 shares changing hands. The stock had previously closed at GBX 151.40 ($1.87).

Analysts Set New Price Targets

HOC has been the topic of several analyst reports. Canaccord Genuity Group restated a “buy” rating and issued a GBX 160 ($1.98) target price on shares of Hochschild Mining in a research report on Wednesday. Berenberg Bank raised their target price on Hochschild Mining from GBX 150 ($1.85) to GBX 170 ($2.10) and gave the company a “buy” rating in a research report on Tuesday, March 26th.

Hochschild Mining Trading Up 0.8 %

The business has a 50 day simple moving average of GBX 120.91 and a 200-day simple moving average of GBX 105.38. The company has a debt-to-equity ratio of 52.52, a quick ratio of 1.87 and a current ratio of 0.94. The stock has a market capitalization of £827.25 million, a P/E ratio of -1,995.00, a price-to-earnings-growth ratio of 0.41 and a beta of 1.11.

About Hochschild Mining

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver in the Americas. The company holds 100% interests in the Inmaculada gold/silver underground operation and Pallancata silver/gold property, which are located in the Department of Ayacucho in southern Peru.