Hochschild Mining (OTCMKTS:HCHDF) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Hochschild Mining plc (OTCMKTS:HCHDF)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $2.67 and traded as high as $2.95. Hochschild Mining shares last traded at $2.89, with a volume of 3,250 shares.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Barclays upgraded shares of Hochschild Mining to a “strong-buy” rating in a research note on Wednesday, October 16th. Royal Bank of Canada upgraded shares of Hochschild Mining to a “moderate buy” rating in a research note on Monday, October 21st. Finally, Berenberg Bank downgraded shares of Hochschild Mining from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 16th.

Hochschild Mining Stock Performance

The stock’s 50 day simple moving average is $2.67 and its two-hundred day simple moving average is $2.39.

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.