Hochschild Mining (HCHDF) Expected to Release Earnings on Wednesday

Hochschild Mining (OTCMKTS:HCHDF) is anticipated to post its resultson Wednesday, August 26th. Analysts expect the company to post earnings of $0.31 per share and revenue of $843.00 million for the quarter.

Hochschild Mining Price Performance

Shares of OTCMKTS:HCHDF opened at $8.95 on Monday. The company’s 50 day simple moving average is $6.58 and its 200 day simple moving average is $7.87. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.99 and a quick ratio of 0.80. Hochschild Mining has a 1 year low of $3.45 and a 1 year high of $11.23.

Analyst Upgrades and Downgrades

Several analysts recently commented on HCHDF shares. Berenberg Bank upgraded Hochschild Mining from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Barclays restated an “overweight” rating on shares of Hochschild Mining in a report on Tuesday, July 7th. Finally, Jefferies Financial Group initiated coverage on shares of Hochschild Mining in a research note on Monday, August 3rd. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Hochschild Mining has an average rating of “Buy”.

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.