Hochschild Mining PLC (OTCMKTS:HCHDF) Stock Short Interest Climbs 267.6%
by Amy Steele · The Cerbat GemHochschild Mining PLC (OTCMKTS:HCHDF – Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 44,508 shares, an increase of 267.6% from the August 31st total of 12,107 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,880 shares, the days-to-cover ratio is presently 15.5 days.
Hochschild Mining Price Performance
HCHDF opened at $7.43 on Monday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.84 and a current ratio of 1.08. The business has a 50 day moving average price of $7.49 and a 200 day moving average price of $7.64. Hochschild Mining has a twelve month low of $4.11 and a twelve month high of $11.23.
Wall Street Analyst Weigh In
HCHDF has been the subject of a number of analyst reports. Jefferies Financial Group started coverage on shares of Hochschild Mining in a research note on Monday, August 3rd. They issued a “buy” rating for the company. Berenberg Bank upgraded shares of Hochschild Mining from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Finally, Barclays reaffirmed an “overweight” rating on shares of Hochschild Mining in a research note on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Hochschild Mining has a consensus rating of “Buy”.
View Our Latest Report on Hochschild Mining
Hochschild Mining Company Profile
Hochschild Mining plc is a precious-metals mining company focused on the exploration, development and operation of underground and open-pit mines. The company primarily produces silver and gold, with activities spanning the full mining cycle, including geological exploration, mine development, extraction, processing and the sale of metal concentrates and doré.
Founded in 1911, Hochschild has historically maintained a strong presence in Latin America. Its operations and development portfolio have included assets in Peru, Argentina and Brazil.