Hochschild Mining (OTCMKTS:HCHDF) Sets New 1-Year High – Here’s Why

Hochschild Mining plc (OTCMKTS:HCHDF)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $3.67 and last traded at $3.38, with a volume of 10437 shares trading hands. The stock had previously closed at $3.21.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada upgraded Hochschild Mining from a “hold” rating to a “moderate buy” rating in a report on Thursday, March 13th.

Hochschild Mining Trading Up 5.3 %

The company has a quick ratio of 0.61, a current ratio of 0.89 and a debt-to-equity ratio of 0.35. The firm’s fifty day moving average price is $2.79 and its 200-day moving average price is $2.73.

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.