Hochschild Mining Plc (HOC) Given Consensus Rating of “Hold” by Brokerages
Hochschild Mining Plc (LON:HOC) has earned a consensus rating of “Hold” from the seven research firms that are currently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 275.83 ($3.58).
A number of equities analysts have recently weighed in on the company. Barclays PLC reiterated an “equal weight” rating and issued a GBX 285 ($3.70) target price on shares of Hochschild Mining Plc in a report on Friday, July 14th. J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 255 ($3.31) target price on shares of Hochschild Mining Plc in a report on Thursday, July 13th. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 260 ($3.38) target price on shares of Hochschild Mining Plc in a report on Thursday, July 13th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 290 ($3.76) target price on shares of Hochschild Mining Plc in a report on Wednesday, July 12th.
Hochschild Mining Plc (HOC) traded down 0.88% during midday trading on Friday, hitting GBX 269.60. 3,124,426 shares of the company traded hands. Hochschild Mining Plc has a 12-month low of GBX 186.60 and a 12-month high of GBX 337.60. The company’s market cap is GBX 1.37 billion. The stock has a 50 day moving average price of GBX 288.96 and a 200-day moving average price of GBX 274.70.
The company also recently disclosed a dividend, which will be paid on Thursday, September 21st. Investors of record on Thursday, August 31st will be issued a $0.01 dividend. The ex-dividend date of this dividend is Thursday, August 31st. This represents a yield of 0.41%.
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In related news, insider Ignacio Bustamante sold 130,000 shares of the stock in a transaction that occurred on Thursday, June 8th. The stock was sold at an average price of GBX 306 ($3.97), for a total value of £397,800 ($516,422.17).
Hochschild Mining Plc Company Profile
Hochschild Mining plc is engaged in mining, processing and sale of silver and gold. It has approximately three operating mines (Arcata, Pallancata and Inmaculada) located in southern Peru and approximately one operating mine (San Jose) located in Argentina. Its segments include Arcata, Pallancata, San Jose, Inmaculada, Exploration and Other.
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