Hochschild Mining (LON:HOC) Earns Overweight Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their overweight rating on shares of Hochschild Mining (LON:HOC) in a research note issued to investors on Thursday, MarketBeat Ratings reports. The firm currently has a GBX 300 ($3.71) price objective on the stock.

Several other equities analysts have also issued reports on HOC. Canaccord Genuity Group boosted their price target on Hochschild Mining from GBX 220 ($2.72) to GBX 310 ($3.83) and gave the company a “buy” rating in a research note on Thursday, October 24th. Berenberg Bank reissued a “hold” rating and set a GBX 200 ($2.47) target price on shares of Hochschild Mining in a research report on Wednesday, October 16th. Finally, Canaccord Genuity Group dropped their price target on shares of Hochschild Mining from GBX 310 ($3.83) to GBX 285 ($3.52) and set a “buy” rating on the stock in a research report on Thursday.

Hochschild Mining Stock Down 0.8 %

Hochschild Mining stock opened at GBX 182.60 ($2.26) on Thursday. The firm has a 50 day moving average price of GBX 218.44 and a two-hundred day moving average price of GBX 200.71. Hochschild Mining has a 52-week low of GBX 87.30 ($1.08) and a 52-week high of GBX 251.84 ($3.11). The company has a debt-to-equity ratio of 55.11, a quick ratio of 1.87 and a current ratio of 0.89. The firm has a market cap of £939.40 million, a price-to-earnings ratio of 3,652.00, a PEG ratio of 0.41 and a beta of 1.08.

Hochschild Mining Company Profile

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.