Royal Bank of Canada Upgrades Hochschild Mining (OTCMKTS:HCHDF) to “Moderate Buy”

Royal Bank of Canada upgraded shares of Hochschild Mining (OTCMKTS:HCHDF) to a moderate buy rating in a research report sent to investors on Monday morning, Zacks.com reports.

Several other brokerages have also commented on HCHDF. Berenberg Bank lowered shares of Hochschild Mining from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 16th. Barclays upgraded shares of Hochschild Mining to a “strong-buy” rating in a research note on Wednesday, October 16th.

Hochschild Mining Trading Down 3.9 %

Shares of Hochschild Mining stock opened at $2.93 on Monday. Hochschild Mining has a 52 week low of $1.00 and a 52 week high of $3.20. The firm’s 50 day moving average is $2.43 and its two-hundred day moving average is $2.25.

Hochschild Mining Company Profile

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.