Hochschild Mining (OTCMKTS:HCHDF) Shares Gap Up – Still a Buy?

Hochschild Mining PLC (OTCMKTS:HCHDF) shares gapped up before the market opened on Tuesday . The stock had previously closed at $9.55, but opened at $10.08. Hochschild Mining shares last traded at $9.62, with a volume of 12,454 shares changing hands.

Analysts Set New Price Targets

Separately, UBS Group lowered Hochschild Mining from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Hochschild Mining presently has an average rating of “Buy”.

Hochschild Mining Stock Down 3.0%

The company has a current ratio of 0.75, a quick ratio of 0.53 and a debt-to-equity ratio of 0.26. The firm has a 50-day simple moving average of $6.52 and a 200 day simple moving average of $5.14.

Hochschild Mining Company Profile

Hochschild Mining plc is a London‐based precious metals company engaged in the exploration, development and operation of underground silver and gold mines. The company focuses on extracting and processing high-grade ore through conventional underground mining methods, with silver as its primary product and gold as a valuable by‐product. Its operations encompass a full value chain, from exploration and feasibility studies to production and marketing of refined metals.

The company traces its heritage to early 20th‐century mining initiatives in South America and has built a strategic presence across Latin America.