Hochschild Mining (LON:HOC) Rating Increased to Outperform at Royal Bank of Canada

Royal Bank of Canada upgraded shares of Hochschild Mining (LON:HOC) to an outperform rating in a report published on Thursday,Digital Look reports. The brokerage currently has GBX 270 ($3.50) price target on the stock.

A number of other research firms have also issued reports on HOC. Canaccord Genuity Group restated a “buy” rating and issued a GBX 285 ($3.69) price target on shares of Hochschild Mining in a research report on Wednesday. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 300 ($3.89) price objective on shares of Hochschild Mining in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Hochschild Mining has an average rating of “Moderate Buy” and an average price target of GBX 273 ($3.54).

Hochschild Mining Price Performance

HOC stock opened at GBX 221.50 ($2.87) on Thursday. The company has a debt-to-equity ratio of 61.86, a current ratio of 0.89 and a quick ratio of 1.87. The business has a 50 day simple moving average of GBX 196.90 and a 200-day simple moving average of GBX 202.68. The firm has a market capitalization of £1.44 billion, a PE ratio of 47.25, a price-to-earnings-growth ratio of 0.41 and a beta of 1.08. Hochschild Mining has a 1 year low of GBX 108.20 ($1.40) and a 1 year high of GBX 251.84 ($3.26).

About Hochschild Mining

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.