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

Hochschild Mining (LON:HOC) had its target price lowered by Canaccord Genuity Group from GBX 310 ($3.83) to GBX 285 ($3.52) in a research note issued to investors on Thursday, MarketBeat.com reports. The brokerage currently has a buy rating on the stock.

HOC has been the subject of a number of other research reports. Canaccord Genuity Group lifted their price target on shares of Hochschild Mining from GBX 220 ($2.72) to GBX 310 ($3.83) and gave the stock a “buy” rating in a research note on Thursday, October 24th. JPMorgan Chase & Co. lifted their price objective on shares of 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, Berenberg Bank reissued a “hold” rating and issued a GBX 200 ($2.47) target price on shares of Hochschild Mining in a report on Wednesday, October 16th.

Hochschild Mining Stock Performance

LON HOC opened at GBX 182.60 ($2.26) on Thursday. The company has a market cap of £939.40 million, a P/E ratio of 3,652.00, a P/E/G ratio of 0.41 and a beta of 1.08. Hochschild Mining has a 1-year low of GBX 87.30 ($1.08) and a 1-year high of GBX 251.84 ($3.11). The company has a debt-to-equity ratio of 55.11, a current ratio of 0.89 and a quick ratio of 1.87. The stock has a 50-day moving average of GBX 218.44 and a two-hundred day moving average of GBX 200.71.

About Hochschild Mining

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.