Hochschild Mining (LON:HOC) had its price objective decreased by equities researchers at Numis Securities from GBX 190 ($2.48) to GBX 180 ($2.35) in a note issued to investors on Wednesday, May 1st, Digital Look reports. The brokerage presently has a “hold” rating on the stock. Numis Securities’ price objective suggests a potential upside of 7.14% from the company’s current price.
Several other research analysts have also recently weighed in on the stock. Barclays boosted their price objective on shares of Hochschild Mining from GBX 170 ($2.22) to GBX 185 ($2.42) and gave the company an “equal weight” rating in a report on Friday, April 12th. UBS Group reissued a “neutral” rating and set a GBX 215 ($2.81) price objective (up from GBX 200 ($2.61)) on shares of Hochschild Mining in a report on Thursday, March 28th. JPMorgan Chase & Co. decreased their price objective on shares of Hochschild Mining from GBX 160 ($2.09) to GBX 150 ($1.96) and set a “neutral” rating for the company in a report on Wednesday, April 10th. Finally, Royal Bank of Canada upped their target price on shares of Hochschild Mining from GBX 245 ($3.20) to GBX 250 ($3.27) and gave the company an “outperform” rating in a report on Friday, March 8th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Hochschild Mining currently has an average rating of “Hold” and an average target price of GBX 208.33 ($2.72).
LON:HOC traded up GBX 0.60 ($0.01) during mid-day trading on Wednesday, hitting GBX 168 ($2.20). 739,148 shares of the company’s stock were exchanged, compared to its average volume of 1,380,000. Hochschild Mining has a one year low of GBX 146.65 ($1.92) and a one year high of GBX 225.50 ($2.95). The company has a debt-to-equity ratio of 19.88, a current ratio of 0.99 and a quick ratio of 0.73. The firm has a market capitalization of $857.73 million and a P/E ratio of 67.20.
Hochschild Mining plc, a precious metals company, explores for, mines, processes, and sells silver and gold in the Americas. The company also offers doré and concentrates. It holds a 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; and Arcata, an underground operation located in the Department of Arequipa in southern Peru, as well as a 51% interest in the San Jose silver/gold mine is located in Argentina.
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