JPMorgan Chase & Co. Reiterates “Overweight” Rating for Hochschild Mining (LON:HOC)

JPMorgan Chase & Co. reiterated their overweight rating on shares of Hochschild Mining (LON:HOC) in a research report released on Friday, Marketbeat.com reports.

Several other research analysts also recently weighed in on the company. Canaccord Genuity Group upped their price target on Hochschild Mining from GBX 220 ($2.76) to GBX 310 ($3.89) and gave the stock a “buy” rating in a research note on Thursday, October 24th. Berenberg Bank restated a “hold” rating and issued a GBX 200 ($2.51) price target on shares of Hochschild Mining in a research note on Wednesday, October 16th.

Hochschild Mining Trading Down 5.1 %

Shares of LON:HOC opened at GBX 212.50 ($2.67) on Friday. The stock has a 50 day moving average of GBX 208.95 and a 200 day moving average of GBX 187.81. The company has a market cap of £1.09 billion, a PE ratio of 4,250.00, a price-to-earnings-growth ratio of 0.41 and a beta of 1.08. The company has a current ratio of 0.89, a quick ratio of 1.87 and a debt-to-equity ratio of 55.11. Hochschild Mining has a 12-month low of GBX 84.75 ($1.06) and a 12-month high of GBX 251.84 ($3.16).

Hochschild Mining Company Profile

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits in Peru, Argentina, the United States, Canada, Brazil, and Chile. The company's flagship asset include the Inmaculada gold and silver underground mine located in the Ayacucho Department, southern Peru.