Hochschild Mining (OTCMKTS:HCHDF) Raised to “Strong-Buy” at Scotiabank

Scotiabank upgraded shares of Hochschild Mining (OTCMKTS:HCHDF) to a strong-buy rating in a research note issued to investors on Friday morning,Zacks.com reports.

Several other research firms have also commented on HCHDF. Royal Bank of Canada upgraded shares of Hochschild Mining from a “hold” rating to a “moderate buy” rating in a report on Thursday, March 13th. Peel Hunt upgraded shares of Hochschild Mining to a “strong-buy” rating in a report on Thursday. Finally, Barclays restated an “overweight” rating on shares of Hochschild Mining in a report on Wednesday, April 16th. One investment analyst has rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Hochschild Mining has a consensus rating of “Buy”.

Hochschild Mining Price Performance

HCHDF opened at $3.51 on Friday. Hochschild Mining has a 1 year low of $1.92 and a 1 year high of $4.33. The company’s 50 day simple moving average is $3.73 and its 200 day simple moving average is $3.06. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.89 and a quick ratio of 0.61.

Hochschild Mining Company Profile

Hochschild Mining plc, a precious metals company, engages in the exploration, mining, processing, and sale of gold and silver in the Americas. The company holds 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.