Hochschild Mining (LON:HOC) Share Price Crosses Above 200 Day Moving Average of $104.12

Hochschild Mining plc (LON:HOC)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 104.12 ($1.29) and traded as high as GBX 153 ($1.89). Hochschild Mining shares last traded at GBX 153 ($1.89), with a volume of 1,461,749 shares changing hands.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Canaccord Genuity Group restated a “buy” rating and issued a GBX 160 ($1.98) target price on shares of Hochschild Mining in a report on Wednesday, February 21st. Berenberg Bank increased 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 report on Tuesday, March 26th.

Hochschild Mining Price Performance

The company has a debt-to-equity ratio of 52.52, a current ratio of 0.94 and a quick ratio of 1.87. The company has a market cap of £766.55 million, a PE ratio of -1,912.50, a price-to-earnings-growth ratio of 0.41 and a beta of 1.11. The stock has a fifty day moving average price of GBX 116.94 and a 200-day moving average price of GBX 104.12.

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.