Hochschild Mining plc (OTCMKTS:HCHDF) Sees Significant Growth in Short Interest

Hochschild Mining plc (OTCMKTS:HCHDF) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 225,700 shares, a growth of 48.5% from the February 28th total of 152,000 shares. Based on an average daily trading volume, of 29,300 shares, the days-to-cover ratio is currently 7.7 days. Approximately 0.0% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada raised Hochschild Mining from a “hold” rating to a “moderate buy” rating in a research report on Thursday, March 13th.

Hochschild Mining Trading Up 2.4 %

Shares of HCHDF traded up $0.08 during trading hours on Friday, hitting $3.43. The company had a trading volume of 15,225 shares, compared to its average volume of 49,031. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.89 and a quick ratio of 0.61. The business has a fifty day moving average of $2.59 and a 200-day moving average of $2.66. Hochschild Mining has a 12 month low of $1.60 and a 12 month high of $3.63.

Hochschild Mining Company Profile

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.