Hochschild Mining (OTCMKTS:HCHDF) Shares Gap Up – Here’s What Happened

Hochschild Mining PLC (OTCMKTS:HCHDF)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $3.86, but opened at $4.04. Hochschild Mining shares last traded at $4.10, with a volume of 13,575 shares changing hands.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Scotiabank upgraded Hochschild Mining to a “strong-buy” rating in a research report on Friday, June 13th. Barclays reaffirmed an “overweight” rating on shares of Hochschild Mining in a report on Wednesday, June 11th. Finally, Peel Hunt raised Hochschild Mining to a “strong-buy” rating in a report on Thursday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Hochschild Mining currently has an average rating of “Buy”.

Hochschild Mining Stock Up 7.3%

The firm has a 50 day moving average price of $3.81 and a two-hundred day moving average price of $3.52. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.73 and a quick ratio of 0.54.

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.