Hochschild Mining’s (HOC) “Buy” Rating Reaffirmed at Berenberg Bank

Hochschild Mining (LON:HOC)‘s stock had its “buy” rating restated by Berenberg Bank in a research note issued on Friday, Digital Look reports. They presently have a GBX 130 ($1.60) price target on the stock. Berenberg Bank’s target price indicates a potential upside of 19.93% from the stock’s previous close.

A number of other analysts have also commented on HOC. Barclays reiterated an “overweight” rating and set a GBX 100 ($1.23) price target on shares of Hochschild Mining in a report on Thursday, September 7th. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 130 ($1.60) price target on shares of Hochschild Mining in a report on Monday.

Hochschild Mining Stock Up 5.3 %

HOC traded up GBX 5.50 ($0.07) during trading on Friday, hitting GBX 108.40 ($1.33). 1,006,736 shares of the company’s stock were exchanged, compared to its average volume of 1,273,565. Hochschild Mining has a fifty-two week low of GBX 60.50 ($0.74) and a fifty-two week high of GBX 109.30 ($1.34). The business’s 50 day moving average is GBX 89 and its two-hundred day moving average is GBX 82.58. The company has a quick ratio of 1.87, a current ratio of 0.93 and a debt-to-equity ratio of 46.39. The stock has a market cap of £557.67 million, a P/E ratio of -2,168.00, a PEG ratio of 0.41 and a beta of 1.17.

Hochschild Mining Company Profile

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.