Short Interest in Hochschild Mining plc (OTCMKTS:HCHDF) Increases By 700.0%

Hochschild Mining plc (OTCMKTS:HCHDF) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 9,600 shares, a growth of 700.0% from the December 31st total of 1,200 shares. Based on an average daily trading volume, of 18,800 shares, the days-to-cover ratio is currently 0.5 days.

Hochschild Mining Trading Down 0.3 %

OTCMKTS:HCHDF opened at $2.11 on Thursday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.89 and a quick ratio of 0.61. The business’s fifty day moving average price is $2.65 and its 200 day moving average price is $2.55. Hochschild Mining has a 12 month low of $1.09 and a 12 month high of $3.20.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Berenberg Bank cut Hochschild Mining from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 16th. Royal Bank of Canada cut Hochschild Mining from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Finally, Barclays upgraded shares of Hochschild Mining to a “strong-buy” rating in a research note on Wednesday, October 16th.

About Hochschild Mining

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.