I am a little confused by the stock ranking of Hochschild Mining (LON:HOC)
The quality rank is 87 despite a PER of 7.6 which is about average for the sector. I know quality is not worked out purely on a PER but does it take 7.6 as a low figure by going off the Market rank and not by working off the Industry rank?
Buying into Hochschild Mining (LON:HOC) could seem risky as talks of interest rises in the US would be a negative.
But currently at 104p it is below its NAV of 147 (cents) which is about 109p.
EPS is forecast to grow, cash of $257m and no debt to speak of, and a nice dividend, Hochschild Mining (LON:HOC) looks to be a good buy and add if it drops further.
