Hochschild Mining (OTCMKTS:HCHDF) Shares Gap Down – Here’s Why

Hochschild Mining PLC (OTCMKTS:HCHDF)’s share price gapped down before the market opened on Friday . The stock had previously closed at $7.8740, but opened at $7.53. Hochschild Mining shares last traded at $7.8420, with a volume of 1,649 shares changing hands.

Analyst Ratings Changes

Separately, UBS Group cut shares of Hochschild Mining from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy”.

Hochschild Mining Stock Down 2.5%

The company’s 50 day moving average price is $6.05 and its 200-day moving average price is $4.91. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.53 and a current ratio of 0.75.

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.