Short Interest in Hochschild Mining plc (OTCMKTS:HCHDF) Rises By 48.5%

Hochschild Mining plc (OTCMKTS:HCHDF) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 225,700 shares, an increase of 48.5% from the February 28th total of 152,000 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 29,300 shares, the short-interest ratio is currently 7.7 days.

Hochschild Mining Trading Up 1.7 %

Shares of OTCMKTS HCHDF traded up $0.06 during mid-day trading on Monday, hitting $3.49. The company’s stock had a trading volume of 10,508 shares, compared to its average volume of 48,405. The company’s fifty day simple moving average is $2.59 and its 200-day simple moving average is $2.66. Hochschild Mining has a one year low of $1.60 and a one year high of $3.63. The company has a quick ratio of 0.61, a current ratio of 0.89 and a debt-to-equity ratio of 0.35.

Analyst Ratings Changes

Separately, Royal Bank of Canada upgraded Hochschild Mining from a “hold” rating to a “moderate buy” rating in a research note on Thursday, March 13th.

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.