Hochschild Mining (LON:HOC) Stock Rating Upgraded by Royal Bank of Canada

Hochschild Mining (LON:HOC) was upgraded by equities research analysts at Royal Bank of Canada to an “outperform” rating in a research report issued to clients and investors on Thursday,Digital Look reports. The brokerage currently has a GBX 270 ($3.49) target price on the stock. Royal Bank of Canada’s price target points to a potential upside of 15.38% from the stock’s current price.

Other research analysts also recently issued research reports about the company. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 285 ($3.69) price target on shares of Hochschild Mining in a research note on Wednesday. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 300 ($3.88) price objective on shares of Hochschild Mining in a research note on Thursday, January 23rd. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Hochschild Mining presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 273 ($3.53).

Hochschild Mining Stock Up 4.9 %

HOC stock opened at GBX 234 ($3.03) on Thursday. The company has a market cap of £1.52 billion, a PE ratio of 49.91, a price-to-earnings-growth ratio of 0.41 and a beta of 1.08. The business has a 50-day simple moving average of GBX 197.12 and a 200 day simple moving average of GBX 202.90. Hochschild Mining has a 52 week low of GBX 109 ($1.41) and a 52 week high of GBX 251.84 ($3.26). The company has a quick ratio of 1.87, a current ratio of 0.89 and a debt-to-equity ratio of 61.86.

Hochschild Mining Company Profile

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.