Hochschild Mining plc (OTCMKTS:HCHDF) Short Interest Up 48.5% in March

Hochschild Mining plc (OTCMKTS:HCHDF) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 225,700 shares, an increase of 48.5% from the February 28th total of 152,000 shares. Based on an average trading volume of 29,300 shares, the short-interest ratio is currently 7.7 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Royal Bank of Canada upgraded shares of Hochschild Mining from a “hold” rating to a “moderate buy” rating in a research note on Thursday, March 13th.

Hochschild Mining Price Performance

OTCMKTS HCHDF traded up $0.08 during trading hours on Friday, hitting $3.43. The company’s stock had a trading volume of 15,225 shares, compared to its average volume of 49,031. The stock has a fifty day moving average of $2.59 and a 200 day moving average of $2.66. The company has a current ratio of 0.89, a quick ratio of 0.61 and a debt-to-equity ratio of 0.35. Hochschild Mining has a twelve month low of $1.60 and a twelve month high of $3.63.

Hochschild Mining Company Profile

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.