Hochschild Mining (LON:HOC) PT Raised to GBX 310

Hochschild Mining (LON:HOC) had its price objective hoisted by Canaccord Genuity Group from GBX 220 ($2.86) to GBX 310 ($4.02) in a report released on Thursday, Marketbeat.com reports. The firm currently has a buy rating on the stock.

HOC has been the topic of several other research reports. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 250 ($3.25) price objective on shares of Hochschild Mining in a research note on Thursday, August 29th. Berenberg Bank reiterated a “hold” rating and set a GBX 200 ($2.60) target price on shares of Hochschild Mining in a research note on Wednesday, October 16th.

Hochschild Mining Stock Performance

Shares of HOC stock opened at GBX 239 ($3.10) on Thursday. The company has a current ratio of 0.89, a quick ratio of 1.87 and a debt-to-equity ratio of 55.11. The company’s fifty day moving average price is GBX 190.46 and its 200-day moving average price is GBX 177.75. The stock has a market cap of £1.23 billion, a PE ratio of 4,780.00, a price-to-earnings-growth ratio of 0.41 and a beta of 1.08. Hochschild Mining has a 12 month low of GBX 84.75 ($1.10) and a 12 month high of GBX 251.84 ($3.27).

Hochschild Mining Company Profile

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits in Peru, Argentina, the United States, Canada, Brazil, and Chile. The company's flagship asset include the Inmaculada gold and silver underground mine located in the Ayacucho Department, southern Peru.