Hochschild Mining (LON:HOC) Upgraded at Royal Bank of Canada

Royal Bank of Canada upgraded shares of Hochschild Mining (LON:HOC) to an outperform rating in a research note published on Thursday morning,Digital Look reports. Royal Bank of Canada currently has GBX 270 ($3.49) price target on the stock.

A number of other analysts have also commented on HOC. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 285 ($3.69) price objective on shares of Hochschild Mining in a research report on Wednesday. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 300 ($3.88) price objective on shares of Hochschild Mining in a research report on Thursday, January 23rd. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 273 ($3.53).

Hochschild Mining Stock Performance

Shares of LON:HOC opened at GBX 234 ($3.03) on Thursday. Hochschild Mining has a twelve month low of GBX 109 ($1.41) and a twelve month high of GBX 251.84 ($3.26). The firm has a market cap of £1.52 billion, a PE ratio of 49.91, a price-to-earnings-growth ratio of 0.41 and a beta of 1.08. The company has a debt-to-equity ratio of 61.86, a quick ratio of 1.87 and a current ratio of 0.89. The business has a fifty day moving average of GBX 197.12 and a 200-day moving average of GBX 202.90.

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.