Hochschild Mining plc (OTCMKTS:HCHDF) Sees Significant Increase in Short Interest

Hochschild Mining plc (OTCMKTS:HCHDF) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 9,600 shares, an increase of 700.0% from the December 31st total of 1,200 shares. Based on an average trading volume of 18,800 shares, the days-to-cover ratio is presently 0.5 days.

Hochschild Mining Price Performance

HCHDF opened at $2.12 on Wednesday. The business has a fifty day simple moving average of $2.67 and a 200-day simple moving average of $2.55. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.89 and a quick ratio of 0.61. Hochschild Mining has a fifty-two week low of $1.09 and a fifty-two week high of $3.20.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Berenberg Bank cut shares of Hochschild Mining from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 16th. Royal Bank of Canada lowered shares of Hochschild Mining from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Finally, Barclays raised Hochschild Mining to a “strong-buy” rating in a report on Wednesday, October 16th.

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.