Hochschild Mining (LON:HOC) Rating Reiterated by Canaccord Genuity Group

Hochschild Mining (LON:HOC)‘s stock had its “buy” rating reissued by analysts at Canaccord Genuity Group in a note issued to investors on Wednesday, MarketBeat reports. They presently have a GBX 160 ($1.98) price objective on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 0.25% from the company’s current price.

Separately, Berenberg Bank boosted their target price on Hochschild Mining from GBX 150 ($1.85) to GBX 170 ($2.10) and gave the company a “buy” rating in a research report on Tuesday, March 26th.

Hochschild Mining Stock Performance

HOC stock opened at GBX 159.60 ($1.97) on Wednesday. The stock has a 50-day moving average price of GBX 120.91 and a 200-day moving average price of GBX 105.38. Hochschild Mining has a 1-year low of GBX 67.50 ($0.83) and a 1-year high of GBX 161 ($1.99). The company has a current ratio of 0.94, a quick ratio of 1.87 and a debt-to-equity ratio of 52.52. The firm has a market cap of £821.08 million, a PE ratio of -1,995.00, a price-to-earnings-growth ratio of 0.41 and a beta of 1.11.

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.