Hochschild Mining (OTCMKTS:HCHDF) Upgraded to “Strong-Buy” at Berenberg Bank

Berenberg Bank upgraded shares of Hochschild Mining (OTCMKTS:HCHDF) from a hold rating to a strong-buy rating in a research report sent to investors on Monday morning,Zacks.com reports.

Separately, Barclays reiterated an “overweight” rating on shares of Hochschild Mining in a research note on Tuesday, July 7th. One research 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 stock. Based on data from MarketBeat, Hochschild Mining currently has a consensus rating of “Buy”.

Hochschild Mining Price Performance

OTCMKTS HCHDF opened at $5.89 on Monday. Hochschild Mining has a fifty-two week low of $3.45 and a fifty-two week high of $11.23. The stock’s 50-day moving average is $6.89 and its two-hundred day moving average is $8.09. 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 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.