Hochschild Mining (OTCMKTS:HCHDF) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Hochschild Mining plc (OTCMKTS:HCHDF) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $2.77 and traded as low as $2.73. Hochschild Mining shares last traded at $2.73, with a volume of 19,109 shares traded.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Royal Bank of Canada upgraded shares of Hochschild Mining to a “moderate buy” rating in a research note on Monday, October 21st. Barclays upgraded Hochschild Mining to a “strong-buy” rating in a research report on Wednesday, October 16th. Finally, Berenberg Bank lowered Hochschild Mining from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 16th.

Hochschild Mining Stock Up 6.2 %

The firm’s fifty day moving average price is $2.77 and its 200-day moving average price is $2.51.

About Hochschild Mining

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.