Hochschild Mining (LON:HOC) Receives “Overweight” Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their overweight rating on shares of Hochschild Mining (LON:HOC) in a report issued on Thursday morning, MarketBeat reports. They currently have a GBX 300 ($3.71) target price on the stock.

Several other research firms have also issued reports on HOC. Canaccord Genuity Group upped their price objective on Hochschild Mining from GBX 220 ($2.72) to GBX 310 ($3.83) and gave the company a “buy” rating in a research note on Thursday, October 24th. Canaccord Genuity Group dropped their price target on Hochschild Mining from GBX 310 ($3.83) to GBX 285 ($3.52) and set a “buy” rating on the stock in a research note on Thursday. Finally, Berenberg Bank reaffirmed a “hold” rating and set a GBX 200 ($2.47) price objective on shares of Hochschild Mining in a research report on Wednesday, October 16th.

Hochschild Mining Stock Down 0.8 %

HOC stock opened at GBX 182.60 ($2.26) on Thursday. The company has a market cap of £939.40 million, a price-to-earnings ratio of 3,652.00, a P/E/G ratio of 0.41 and a beta of 1.08. Hochschild Mining has a twelve month low of GBX 87.30 ($1.08) and a twelve month high of GBX 251.84 ($3.11). The business has a 50 day moving average price of GBX 218.44 and a two-hundred day moving average price of GBX 200.71. The company has a quick ratio of 1.87, a current ratio of 0.89 and a debt-to-equity ratio of 55.11.

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.