Short Interest in Hochschild Mining PLC (OTCMKTS:HCHDF) Decreases By 55.3%

Hochschild Mining PLC (OTCMKTS:HCHDFGet Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 8,329 shares, a decline of 55.3% from the June 30th total of 18,645 shares. Based on an average daily volume of 5,081 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.0% of the company’s stock are short sold.

Wall Street Analyst Weigh In

HCHDF has been the subject of several research analyst reports. Barclays reiterated an “overweight” rating on shares of Hochschild Mining in a report on Tuesday, July 7th. Berenberg Bank upgraded shares of Hochschild Mining from a “hold” rating to a “strong-buy” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Read Our Latest Stock Analysis on HCHDF

Hochschild Mining Trading Down 2.3%

Shares of HCHDF traded down $0.14 during mid-day trading on Wednesday, hitting $5.86. 13,010 shares of the stock were exchanged, compared to its average volume of 22,042. The company has a quick ratio of 0.80, a current ratio of 0.99 and a debt-to-equity ratio of 0.26. 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 of $6.85 and a two-hundred day moving average of $8.09.

Hochschild Mining Company Profile

(Get Free Report)

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.

Further Reading

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