Hochschild Mining plc (LON:HOC - Get Free Report) insider Eduardo Landin bought 77,000 shares of the stock in a transaction on Thursday, April 24th. The stock was purchased at an average cost of GBX 272 ($3.62) per share, with a total value of £209,440 ($278,881.49).
Hochschild Mining Trading Down 1.4 %
HOC opened at GBX 267.93 ($3.57) on Friday. The stock has a market capitalization of £1.74 billion, a P/E ratio of 57.15, a P/E/G ratio of 0.41 and a beta of 1.08. The company has a current ratio of 0.89, a quick ratio of 1.87 and a debt-to-equity ratio of 61.86. Hochschild Mining plc has a 12 month low of GBX 148 ($1.97) and a 12 month high of GBX 333.80 ($4.44). The firm's fifty day simple moving average is GBX 246 and its 200 day simple moving average is GBX 223.78.
Hochschild Mining Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, May 8th will be given a $0.02 dividend. This represents a dividend yield of 0.6%. The ex-dividend date is Thursday, May 8th. Hochschild Mining's dividend payout ratio is presently 85.32%.
Analyst Ratings Changes
HOC has been the subject of several research analyst reports. JPMorgan Chase & Co. reissued an "overweight" rating and issued a GBX 300 ($3.99) price target on shares of Hochschild Mining in a report on Thursday, January 23rd. Canaccord Genuity Group boosted their target price on Hochschild Mining from GBX 285 ($3.79) to GBX 370 ($4.93) and gave the company a "buy" rating in a research note on Thursday, April 17th. Berenberg Bank lowered their price target on Hochschild Mining from GBX 210 ($2.80) to GBX 200 ($2.66) and set a "hold" rating for the company in a report on Wednesday, March 12th. Finally, Royal Bank of Canada upgraded Hochschild Mining to an "outperform" rating and set a GBX 270 ($3.60) price objective on the stock in a report on Thursday, March 13th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of GBX 290 ($3.86).
View Our Latest Stock Report on Hochschild Mining
Hochschild Mining Company Profile
(
Get Free Report)
We are a leading underground precious metals producer focusing on high grade silver and gold deposits, with over 50 years' operating experience in the Americas.
We currently operate three underground mines, two located in southern Peru and one in southern Argentina. All of our underground operations are epithermal vein mines and the principal mining method used is cut and fill.
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