Hochschild Mining plc (LON:HOC – Get Free Report) shares rose 4.9% during trading on Friday . The stock traded as high as GBX 241 ($3.12) and last traded at GBX 234 ($3.03). Approximately 2,321,971 shares traded hands during trading, a decline of 18% from the average daily volume of 2,814,700 shares. The stock had previously closed at GBX 223 ($2.89).
Wall Street Analysts Forecast Growth
HOC has been the subject of a number of research analyst reports. Berenberg Bank decreased their target price on Hochschild Mining from GBX 210 ($2.72) to GBX 200 ($2.59) and set a “hold” rating for the company in a research report on Wednesday. Canaccord Genuity Group restated a “buy” rating and issued a GBX 285 ($3.69) price objective on shares of Hochschild Mining in a report on Wednesday. Royal Bank of Canada upgraded shares of Hochschild Mining to an “outperform” rating and set a GBX 270 ($3.50) price target for the company in a report on Thursday. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 300 ($3.89) price target on shares of Hochschild Mining in a research report on Thursday, January 23rd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 273 ($3.54).
Check Out Our Latest Analysis on Hochschild Mining
Hochschild Mining Price Performance
Hochschild Mining Company Profile
We are a leading underground precious metals producer focusing on high grade silver and gold deposits, with over 50 years’ operating experience in the Americas.
We currently operate three underground mines, two located in southern Peru and one in southern Argentina. All of our underground operations are epithermal vein mines and the principal mining method used is cut and fill.
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