Hochschild Mining (OTCMKTS:HCHDF) Downgraded to “Hold” Rating by Royal Bank of Canada

Royal Bank of Canada lowered shares of Hochschild Mining (OTCMKTS:HCHDF) from a moderate buy rating to a hold rating in a research note published on Wednesday morning,Zacks.com reports.

A number of other equities analysts have also recently issued reports on HCHDF. Berenberg Bank cut shares of Hochschild Mining from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 16th. Barclays upgraded shares of Hochschild Mining to a “strong-buy” rating in a report on Wednesday, October 16th.

Hochschild Mining Price Performance

Shares of OTCMKTS:HCHDF opened at $2.30 on Wednesday. The company’s 50 day simple moving average is $2.69 and its 200 day simple moving average is $2.55. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.89 and a quick ratio of 0.61. Hochschild Mining has a 1 year low of $1.09 and a 1 year high of $3.20.

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.