Berenberg Bank Upgrades Hochschild Mining (OTCMKTS:HCHDF) to Strong-Buy

Hochschild Mining (OTCMKTS:HCHDF) was upgraded by research analysts at Berenberg Bank from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Separately, Barclays reaffirmed an “overweight” rating on shares of Hochschild Mining in a research note on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Hochschild Mining Stock Performance

Hochschild Mining stock opened at $5.89 on Monday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.80 and a current ratio of 0.99. Hochschild Mining has a 52-week low of $3.45 and a 52-week high of $11.23. The firm has a 50 day moving average price of $6.89 and a two-hundred day moving average price of $8.09.

Hochschild Mining Company Profile

Hochschild Mining plc is a London‐based precious metals company engaged in the exploration, development and operation of underground silver and gold mines. The company focuses on extracting and processing high-grade ore through conventional underground mining methods, with silver as its primary product and gold as a valuable by‐product. Its operations encompass a full value chain, from exploration and feasibility studies to production and marketing of refined metals.

The company traces its heritage to early 20th‐century mining initiatives in South America and has built a strategic presence across Latin America.