Hochschild Mining (OTCMKTS:HCHDF) Downgraded to Hold Rating by Royal Bank of Canada

Royal Bank of Canada downgraded shares of Hochschild Mining (OTCMKTS:HCHDF) from a moderate buy rating to a hold rating in a report published on Wednesday morning,Zacks.com reports.

A number of other research analysts also recently weighed in on HCHDF. Berenberg Bank downgraded shares of Hochschild Mining from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 16th. Barclays upgraded shares of Hochschild Mining to a “strong-buy” rating in a research note on Wednesday, October 16th.

Hochschild Mining Stock Up 1.5 %

Hochschild Mining stock opened at $2.30 on Wednesday. Hochschild Mining has a one year low of $1.09 and a one year high of $3.20. The business’s fifty day moving average is $2.69 and its 200 day moving average is $2.55. The company has a quick ratio of 0.61, a current ratio of 0.89 and a debt-to-equity ratio of 0.35.

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.