Hochschild Mining plc (OTCMKTS:HCHDF) Short Interest Update

Hochschild Mining plc (OTCMKTS:HCHDF) was the recipient of a large decrease in short interest during the month of August. As of August 15th, there was short interest totalling 68,900 shares, a decrease of 12.0% from the July 31st total of 78,300 shares. Based on an average daily volume of 63,900 shares, the short-interest ratio is currently 1.1 days.

Hochschild Mining Trading Up 5.3 %

Hochschild Mining stock opened at $1.19 on Thursday. Hochschild Mining has a 12-month low of $0.54 and a 12-month high of $1.20. The firm has a 50 day simple moving average of $1.00 and a 200-day simple moving average of $0.96.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Berenberg Bank upped their target price on shares of Hochschild Mining from GBX 100 ($1.26) to GBX 130 ($1.64) in a research report on Wednesday, August 23rd. JPMorgan Chase & Co. decreased their price objective on shares of Hochschild Mining from GBX 160 ($2.02) to GBX 155 ($1.95) in a report on Wednesday, July 26th.

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.