Hochschild Mining (OTCMKTS:HCHDF) Reaches New 1-Year High – Time to Buy?

Hochschild Mining plc (OTCMKTS:HCHDF) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $4.15 and last traded at $3.99, with a volume of 27438 shares traded. The stock had previously closed at $4.08.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Royal Bank of Canada upgraded Hochschild Mining from a “hold” rating to a “moderate buy” rating in a research note on Thursday, March 13th. Barclays reiterated an “overweight” rating on shares of Hochschild Mining in a research report on Wednesday.

Hochschild Mining Stock Performance

The firm’s fifty day simple moving average is $2.99 and its 200 day simple moving average is $2.79. The company has a quick ratio of 0.61, a current ratio of 0.89 and a debt-to-equity ratio of 0.35.

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.