Hochschild Mining (LON:HOC) Receives “Buy” Rating from Berenberg Bank

Posted by on Oct 20th, 2023

Hochschild Mining (LON:HOC – Get Free Report)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a research note issued on Wednesday, MarketBeat.com reports. They presently have a GBX 130 ($1.59) target price on the stock. Berenberg Bank’s target price suggests a potential upside of 51.07% from the company’s previous close.

Separately, Barclays reiterated an “overweight” rating and set a GBX 100 ($1.22) target price on shares of Hochschild Mining in a research note on Thursday, September 7th.

Check Out Our Latest Report on HOC

Hochschild Mining Stock Performance

Shares of HOC opened at GBX 86.05 ($1.05) on Wednesday. The business’s fifty day simple moving average is GBX 84.26 and its two-hundred day simple moving average is GBX 80.67. The company has a current ratio of 0.93, a quick ratio of 1.87 and a debt-to-equity ratio of 46.39. Hochschild Mining has a 12 month low of GBX 50.40 ($0.62) and a 12 month high of GBX 95.55 ($1.17). The company has a market cap of £442.69 million, a price-to-earnings ratio of -1,434.17, a P/E/G ratio of 0.41 and a beta of 1.22.

Hochschild Mining Company Profile

(Get Free Report)

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.

Further Reading

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