Hochschild Mining (LON:HOC) Reaches New 52-Week Low at $138.20

Hochschild Mining plc (LON:HOC) reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 138.20 ($1.81) and last traded at GBX 139.79 ($1.83), with a volume of 262504 shares changing hands. The stock had previously closed at GBX 140.20 ($1.83).

Several research firms have recently commented on HOC. JPMorgan Chase & Co. cut their price objective on Hochschild Mining from GBX 240 ($3.14) to GBX 205 ($2.68) and set a “neutral” rating for the company in a report on Friday, July 9th. Berenberg Bank reissued a “hold” rating and issued a GBX 200 ($2.61) price objective on shares of Hochschild Mining in a report on Wednesday, September 8th. Finally, Barclays reissued an “equal weight” rating and issued a GBX 185 ($2.42) price objective on shares of Hochschild Mining in a report on Monday, September 6th.

The firm has a fifty day simple moving average of GBX 151.41 and a 200-day simple moving average of GBX 175.29. The firm has a market cap of £703.50 million and a price-to-earnings ratio of 18.25. The company has a debt-to-equity ratio of 25.61, a quick ratio of 1.78 and a current ratio of 2.01.

The firm also recently declared a dividend, which will be paid on Tuesday, September 28th. Shareholders of record on Thursday, September 9th will be issued a dividend of $0.02 per share. This represents a yield of 0.92%. The ex-dividend date of this dividend is Thursday, September 9th. Hochschild Mining’s dividend payout ratio is 40.00%.

Hochschild Mining Company Profile (LON:HOC)

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 a 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; and Arcata, an underground operation located in the Department of Arequipa in southern Peru, as well as a 51% interest in the San Jose silver/gold mine is located in Argentina.

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