Hochschild Mining (LON:HOC) Price Target Lowered to GBX 270 at Royal Bank of Canada

Hochschild Mining (LON:HOC) had its price objective cut by Royal Bank of Canada from GBX 280 ($3.68) to GBX 270 ($3.55) in a research note issued to investors on Tuesday morning, Digital Look reports. They currently have an outperform rating on the stock.

A number of other equities research analysts also recently issued reports on the stock. Peel Hunt reissued a buy rating on shares of Hochschild Mining in a research report on Wednesday, January 29th. Numis Securities reissued a buy rating on shares of Hochschild Mining in a research report on Thursday, October 24th. JPMorgan Chase & Co. cut their price objective on shares of Hochschild Mining from GBX 195 ($2.57) to GBX 175 ($2.30) and set a neutral rating for the company in a research report on Tuesday, December 17th. UBS Group reissued a neutral rating on shares of Hochschild Mining in a research report on Thursday, January 16th. Finally, Peel Hunt reissued a buy rating and set a GBX 220 ($2.89) price objective on shares of Hochschild Mining in a research report on Wednesday, January 15th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company currently has an average rating of Buy and a consensus target price of GBX 204.50 ($2.69).

Shares of HOC opened at GBX 163 ($2.14) on Tuesday. The firm has a market cap of $843.03 million and a PE ratio of 62.69. The company has a current ratio of 0.91, a quick ratio of 0.74 and a debt-to-equity ratio of 20.24. The firm has a fifty day simple moving average of GBX 168.19 and a two-hundred day simple moving average of GBX 186.75. Hochschild Mining has a 1-year low of GBX 150.30 ($1.98) and a 1-year high of GBX 232.20 ($3.05).

About Hochschild Mining

Hochschild Mining plc, a precious metals company, explores for, mines, processes, and sells silver and gold in the Americas. The company also offers doré and concentrates. It holds a 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; and Arcata, an underground operation located in the Department of Arequipa in southern Peru, as well as a 51% interest in the San Jose silver/gold mine is located in Argentina.

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