Hochschild Mining (OTCMKTS:HCHDF) Cut to “Hold” at Royal Bank of Canada

Royal Bank of Canada downgraded shares of Hochschild Mining (OTCMKTS:HCHDF) from a moderate buy rating to a hold rating in a research note published on Wednesday,Zacks.com reports.

Other equities analysts have also recently issued reports about the company. Barclays upgraded Hochschild Mining to a “strong-buy” rating in a research report on Wednesday, October 16th. Berenberg Bank lowered Hochschild Mining from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 16th.

Hochschild Mining Price Performance

OTCMKTS:HCHDF opened at $2.30 on Wednesday. Hochschild Mining has a 52-week low of $1.09 and a 52-week high of $3.20. The business’s fifty day moving average is $2.69 and its 200 day moving average is $2.55. The company has a current ratio of 0.89, a quick ratio of 0.61 and a debt-to-equity ratio of 0.35.

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.