Hochschild Mining (LON:HOC) Given New GBX 285 Price Target at Canaccord Genuity Group

Hochschild Mining (LON:HOC) had its price target cut by Canaccord Genuity Group from GBX 310 ($3.83) to GBX 285 ($3.52) in a research report released on Thursday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

A number of other analysts have also recently weighed in on the stock. Berenberg Bank reaffirmed a “hold” rating and set a GBX 200 ($2.47) price target on shares of Hochschild Mining in a research report on Wednesday, October 16th. JPMorgan Chase & Co. upped their target price on Hochschild Mining from GBX 310 ($3.83) to GBX 320 ($3.95) and gave the stock an “overweight” rating in a research report on Friday, December 6th. Finally, Canaccord Genuity Group raised their target price on Hochschild Mining from GBX 220 ($2.72) to GBX 310 ($3.83) and gave the company a “buy” rating in a report on Thursday, October 24th.

Hochschild Mining Price Performance

Shares of Hochschild Mining stock opened at GBX 182.60 ($2.26) on Thursday. The stock has a market capitalization of £939.40 million, a P/E ratio of 3,652.00, a PEG 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 55.11. The business’s fifty day moving average price is GBX 218.44 and its 200 day moving average price is GBX 200.71. Hochschild Mining has a twelve month low of GBX 87.30 ($1.08) and a twelve month high of GBX 251.84 ($3.11).

Hochschild Mining Company Profile

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.