Shares of Hochschild Mining plc (LON:HOC – Get Free Report) were up 4.9% during mid-day trading on Friday . The company traded as high as GBX 241 ($3.12) and last traded at GBX 234 ($3.03). Approximately 2,321,971 shares traded hands during trading, a decline of 18% from the average daily volume of 2,814,700 shares. The stock had previously closed at GBX 223 ($2.88).
Analyst Ratings Changes
A number of equities research analysts recently issued reports on HOC shares. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 300 ($3.88) price target on shares of Hochschild Mining in a research note on Thursday, January 23rd. Canaccord Genuity Group reissued a “buy” rating and set a GBX 285 ($3.69) price target on shares of Hochschild Mining in a research note on Wednesday. Berenberg Bank decreased their price target on Hochschild Mining from GBX 210 ($2.72) to GBX 200 ($2.59) and set a “hold” rating for the company in a research note on Wednesday. Finally, Royal Bank of Canada upgraded Hochschild Mining to an “outperform” rating and set a GBX 270 ($3.49) price objective on the stock in a report on Thursday. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 273 ($3.53).
Get Our Latest Stock Report on Hochschild Mining
Hochschild Mining Price Performance
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.
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