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

Hochschild Mining plc (LON:HOCGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 196.24 ($2.46) and traded as high as GBX 214 ($2.68). Hochschild Mining shares last traded at GBX 214 ($2.68), with a volume of 396,579 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Hochschild Mining from GBX 310 ($3.88) to GBX 320 ($4.00) and gave the stock an “overweight” rating in a research note on Friday, December 6th. Canaccord Genuity Group upped their price target on Hochschild Mining from GBX 220 ($2.75) to GBX 310 ($3.88) and gave the company a “buy” rating in a report on Thursday, October 24th. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 200 ($2.50) price objective on shares of Hochschild Mining in a research report on Wednesday, October 16th.

Read Our Latest Report on Hochschild Mining

Hochschild Mining Stock Up 3.4 %

The business’s 50 day simple moving average is GBX 221.51 and its 200 day simple moving average is GBX 196.24. The company has a market capitalization of £1.10 billion, a PE ratio of 4,280.00, a price-to-earnings-growth ratio of 0.41 and a beta of 1.08. The company has a quick ratio of 1.87, a current ratio of 0.89 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.

Featured Articles

Receive News & Ratings for Hochschild Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hochschild Mining and related companies with MarketBeat.com's FREE daily email newsletter.