Hochschild Mining (LON:HOC) Upgraded at Royal Bank of Canada

Royal Bank of Canada upgraded shares of Hochschild Mining (LON:HOC) to an outperform rating in a research report report published on Thursday,Digital Look reports. They currently have GBX 270 ($3.49) price objective on the stock.

A number of other research analysts have also commented on HOC. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 285 ($3.69) price objective on shares of Hochschild Mining in a report on Wednesday. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 300 ($3.88) price objective on shares of Hochschild Mining in a report on Thursday, January 23rd. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 273 ($3.53).

Hochschild Mining Stock Performance

Shares of LON HOC opened at GBX 234 ($3.03) on Thursday. The company has a debt-to-equity ratio of 61.86, a current ratio of 0.89 and a quick ratio of 1.87. The stock’s fifty day moving average price is GBX 197.12 and its two-hundred day moving average price is GBX 202.90. Hochschild Mining has a one year low of GBX 109 ($1.41) and a one year high of GBX 251.84 ($3.26). The firm has a market cap of £1.52 billion, a price-to-earnings ratio of 49.91, a P/E/G ratio of 0.41 and a beta of 1.08.

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.