Hochschild Mining plc (OTCMKTS:HCHDF) Sees Significant Growth in Short Interest

Hochschild Mining plc (OTCMKTS:HCHDF) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 152,000 shares, a growth of 1,467.0% from the February 13th total of 9,700 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 84,900 shares, the days-to-cover ratio is presently 1.8 days.

Hochschild Mining Price Performance

OTCMKTS:HCHDF traded down $0.03 during mid-day trading on Wednesday, reaching $2.44. 10,445 shares of the company’s stock traded hands, compared to its average volume of 43,941. The company has a 50 day moving average price of $2.45 and a 200-day moving average price of $2.57. 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 has a 12-month low of $1.21 and a 12-month high of $3.20.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada cut shares of Hochschild Mining from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, January 22nd.

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.