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

JPMorgan Chase & Co. restated their overweight rating on shares of Hochschild Mining (LON:HOC) in a research report released on Friday morning, MarketBeat Ratings reports.

Other analysts have also recently issued reports about the company. Berenberg Bank reaffirmed a “hold” rating and set a GBX 200 ($2.51) price objective on shares of Hochschild Mining in a report on Wednesday, October 16th. Canaccord Genuity Group increased their price target on Hochschild Mining from GBX 220 ($2.76) to GBX 310 ($3.89) and gave the company a “buy” rating in a report on Thursday, October 24th.

Hochschild Mining Stock Down 5.1 %

Shares of HOC opened at GBX 212.50 ($2.67) on Friday. The stock has a market capitalization of £1.09 billion, a price-to-earnings ratio of 4,250.00, a price-to-earnings-growth ratio of 0.41 and a beta of 1.08. Hochschild Mining has a 1 year low of GBX 84.75 ($1.06) and a 1 year high of GBX 251.84 ($3.16). The business’s 50 day simple moving average is GBX 208.95 and its 200-day simple moving average is GBX 187.81. The company has a debt-to-equity ratio of 55.11, a current ratio of 0.89 and a quick ratio of 1.87.

About Hochschild Mining

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits in Peru, Argentina, the United States, Canada, Brazil, and Chile. The company's flagship asset include the Inmaculada gold and silver underground mine located in the Ayacucho Department, southern Peru.