Hochschild Mining plc (LON:HOC – Get Free Report)’s share price was up 12.6% on Thursday . The company traded as high as GBX 224.50 ($2.90) and last traded at GBX 216 ($2.79). Approximately 3,533,057 shares were traded during mid-day trading, an increase of 25% from the average daily volume of 2,837,316 shares. The stock had previously closed at GBX 191.80 ($2.48).
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on HOC shares. Berenberg Bank reduced their target price on shares of Hochschild Mining from GBX 210 ($2.72) to GBX 200 ($2.59) and set a “hold” rating on the stock in a report on Wednesday. Royal Bank of Canada upgraded shares of Hochschild Mining to an “outperform” rating and set a GBX 270 ($3.49) target price on the stock in a report on Thursday. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 300 ($3.88) target price on shares of Hochschild Mining in a report on Thursday, January 23rd. Finally, Canaccord Genuity Group restated a “buy” rating and issued a GBX 285 ($3.69) target price on shares of Hochschild Mining in a report on Wednesday. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 273 ($3.53).
Check Out Our Latest Stock Analysis on Hochschild Mining
Hochschild Mining Price Performance
About Hochschild Mining
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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