Hochschild Mining (LON:HOC) Shares Up 2.5% – Time to Buy?

Hochschild Mining plc (LON:HOC) shot up 2.5% during trading on Thursday . The stock traded as high as GBX 227 ($2.94) and last traded at GBX 221.50 ($2.87). 3,194,931 shares were traded during trading, an increase of 12% from the average session volume of 2,844,328 shares. The stock had previously closed at GBX 216 ($2.80).

Analyst Ratings Changes

A number of equities research analysts recently weighed in on HOC shares. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 285 ($3.70) target price on shares of Hochschild Mining in a research note on Wednesday. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 300 ($3.89) price objective on shares of Hochschild Mining in a research report on Thursday, January 23rd.

Hochschild Mining Stock Up 2.5 %

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 stock has a 50-day moving average of GBX 196.87 and a two-hundred day moving average of GBX 202.45. The company has a market cap of £1.44 billion, a P/E ratio of 47.25, a P/E/G ratio of 0.41 and a beta of 1.08.

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.