Hochschild Mining plc (LON:HOC – Get Rating) has received an average recommendation of “Moderate Buy” from the six analysts that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is GBX 163.67 ($1.98).
Several equities analysts have issued reports on HOC shares. Barclays decreased their price objective on shares of Hochschild Mining from GBX 165 ($1.99) to GBX 140 ($1.69) and set an “overweight” rating for the company in a research note on Friday, July 8th. Berenberg Bank restated a “hold” rating and issued a GBX 100 ($1.21) price objective on shares of Hochschild Mining in a research note on Thursday, August 18th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Hochschild Mining from GBX 185 ($2.24) to GBX 180 ($2.17) and set an “overweight” rating for the company in a research note on Thursday, August 18th.
Hochschild Mining Stock Performance
LON HOC opened at GBX 54.80 ($0.66) on Friday. The company has a debt-to-equity ratio of 43.28, a current ratio of 2.37 and a quick ratio of 1.87. Hochschild Mining has a 1 year low of GBX 54.70 ($0.66) and a 1 year high of GBX 175.68 ($2.12). The company has a market capitalization of £281.60 million and a PE ratio of 1,096.00. The company has a fifty day moving average of GBX 70.29 and a two-hundred day moving average of GBX 99.35.
Hochschild Mining Cuts Dividend
The business also recently announced a dividend, which was paid on Friday, September 23rd. Shareholders of record on Thursday, September 1st were paid a $0.02 dividend. The ex-dividend date of this dividend was Thursday, September 1st. This represents a dividend yield of 1.98%. Hochschild Mining’s dividend payout ratio (DPR) is currently 85.12%.
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. It 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.