Hochschild Mining (LON:HOC) Hits New 52-Week High at $155.00

Hochschild Mining plc (LON:HOC)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 155 ($1.91) and last traded at GBX 154.20 ($1.90), with a volume of 2739881 shares changing hands. The stock had previously closed at GBX 151.40 ($1.87).

Analysts Set New Price Targets

HOC has been the subject of a number of research analyst reports. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 160 ($1.98) target price on shares of Hochschild Mining in a report on Wednesday, February 21st. Berenberg Bank raised their price objective on shares of Hochschild Mining from GBX 150 ($1.85) to GBX 170 ($2.10) and gave the stock a “buy” rating in a research note on Tuesday, March 26th.

Hochschild Mining Stock Performance

The company has a current ratio of 0.94, a quick ratio of 1.87 and a debt-to-equity ratio of 52.52. The stock’s 50 day moving average price is GBX 118.18 and its two-hundred day moving average price is GBX 104.64. The firm has a market capitalization of £791.24 million, a PE ratio of -1,892.50, a PEG ratio of 0.41 and a beta of 1.11.

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.