Hochschild Mining's shares dropped 16.7%, but some analysts still predict higher prices.

Hochschild Mining's shares fell 16.7% on Wednesday, reaching as low as GBX 187 ($2.31), before recovering to GBX 190.80 ($2.35). Despite the drop, analysts from JPMorgan and Canaccord Genuity issued positive ratings and raised their price targets to GBX 320 and GBX 310, respectively. Berenberg Bank, however, maintained a "hold" rating at GBX 200. Hochschild operates three underground mines in Peru and Argentina.

2 months ago
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