Hochschild Mining (LON:HOC) Upgraded at Berenberg Bank

Berenberg Bank upgraded shares of Hochschild Mining (LON:HOC) to a buy rating in a report released on Monday morning,Digital Look reports. They currently have GBX 570 price objective on the stock.

Separately, JPMorgan Chase & Co. upgraded Hochschild Mining to an “overweight” rating and upped their price objective for the stock from GBX 820 to GBX 840 in a research report on Thursday, July 23rd. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Hochschild Mining has a consensus rating of “Buy” and a consensus target price of GBX 560.

Hochschild Mining Stock Down 1.6%

Shares of HOC opened at GBX 437.49 on Monday. The firm’s 50 day moving average is GBX 510.99 and its 200-day moving average is GBX 602.99. Hochschild Mining has a 12 month low of GBX 246.20 and a 12 month high of GBX 849.50. The company has a current ratio of 0.99, a quick ratio of 1.87 and a debt-to-equity ratio of 47.67. The stock has a market capitalization of £2.25 billion, a PE ratio of 11.22, a P/E/G ratio of 0.41 and a beta of 0.95.

About Hochschild Mining

We are a leading underground precious metals producer focusing on high grade silver and gold deposits, with over 50 years’ operating experience in the Americas.

We currently operate three underground mines, two located in southern Peru and one in southern Argentina. All of our underground operations are epithermal vein mines and the principal mining method used is cut and fill. The ore at our operations is processed into silver-gold concentrate or dore.

Hochschild Mining plc is listed on the Main Market of the London Stock Exchange and is headquartered in Lima, Peru.