Hochschild Mining (OTCMKTS:HCHDF) Sees Large Volume Increase – Time to Buy?
by Doug Wharley · The Cerbat GemShares of Hochschild Mining PLC (OTCMKTS:HCHDF – Get Free Report) saw an uptick in trading volume on Wednesday . 191,504 shares changed hands during mid-day trading, an increase of 337% from the previous session’s volume of 43,869 shares.The stock last traded at $10.00 and had previously closed at $9.99.
Analysts Set New Price Targets
Separately, UBS Group cut shares of Hochschild Mining from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Hochschild Mining currently has a consensus rating of “Buy”.
Get Our Latest Stock Report on HCHDF
Hochschild Mining Stock Performance
The company has a debt-to-equity ratio of 0.26, a current ratio of 0.75 and a quick ratio of 0.53. The firm has a 50 day moving average price of $6.62 and a 200 day moving average price of $5.18.
About Hochschild Mining
Hochschild Mining plc is a London‐based precious metals company engaged in the exploration, development and operation of underground silver and gold mines. The company focuses on extracting and processing high-grade ore through conventional underground mining methods, with silver as its primary product and gold as a valuable by‐product. Its operations encompass a full value chain, from exploration and feasibility studies to production and marketing of refined metals.
The company traces its heritage to early 20th‐century mining initiatives in South America and has built a strategic presence across Latin America.