Hochschild Mining (LON:HOC) Given Buy Rating at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Hochschild Mining (LON:HOC) in a report published on Wednesday morning, Marketbeat reports. Canaccord Genuity Group currently has a GBX 160 ($1.98) price objective on the stock.

Separately, Berenberg Bank raised their price target 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

Shares of HOC stock opened at GBX 156.80 ($1.94) on Wednesday. Hochschild Mining has a fifty-two week low of GBX 67.50 ($0.83) and a fifty-two week high of GBX 157.80 ($1.95). The stock has a market cap of £806.67 million, a P/E ratio of -1,960.00, a P/E/G ratio of 0.41 and a beta of 1.11. The business has a fifty day simple moving average of GBX 119.52 and a 200-day simple moving average of GBX 105. The company has a quick ratio of 1.87, a current ratio of 0.94 and a debt-to-equity ratio of 52.52.

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.