Hochschild Mining (LON:HOC) Given Buy Rating at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Hochschild Mining (LON:HOC) in a report published on Wednesday morning, Marketbeat Ratings reports. Canaccord Genuity Group currently has a GBX 285 ($3.69) target price on the stock.

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 300 ($3.88) 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. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 273 ($3.53).

Hochschild Mining Stock Performance

Shares of Hochschild Mining stock opened at GBX 234 ($3.03) on Wednesday. The firm has a market cap of £1.52 billion, a P/E ratio of 49.91, a P/E/G ratio of 0.41 and a beta of 1.08. The company has a current ratio of 0.89, a quick ratio of 1.87 and a debt-to-equity ratio of 61.86. Hochschild Mining has a 12 month low of GBX 109 ($1.41) and a 12 month high of GBX 251.84 ($3.26). The stock’s fifty day moving average price is GBX 197.12 and its 200-day moving average price is GBX 202.90.

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.