Hochschild Mining (LON:HOC) Hits New 52-Week High at $177.20

Hochschild Mining plc (LON:HOC) reached a new 52-week high on Monday . The company traded as high as GBX 177.20 ($2.25) and last traded at GBX 172.07 ($2.19), with a volume of 9741346 shares. The stock had previously closed at GBX 168 ($2.14).

Wall Street Analyst Weigh In

A number of research firms recently commented on HOC. Berenberg Bank increased their price objective on Hochschild Mining from GBX 150 ($1.91) to GBX 170 ($2.16) and gave the company a “buy” rating in a research note on Tuesday, March 26th. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 190 ($2.41) price target on shares of Hochschild Mining in a report on Tuesday, May 14th.

Hochschild Mining Stock Performance

The stock has a 50-day moving average price of GBX 143.20 and a 200 day moving average price of GBX 114.78. The firm has a market cap of £874.71 million, a PE ratio of -2,165.00, a P/E/G ratio of 0.41 and a beta of 1.12. The company has a debt-to-equity ratio of 52.52, a current ratio of 0.94 and a quick ratio of 1.87.

About Hochschild Mining

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits in Peru, Argentina, the United States, Canada, Brazil, and Chile. The company's flagship asset include the Inmaculada gold and silver underground mine located in the Ayacucho Department, southern Peru.