BofA sees gold hitting $3,000/oz., silver at $50/oz.
5th Aug 2020 11:34
(Sharecast News) - Strategists at Bank of America hiked their 18-month target for gold futures from $2,000/oz. to $3,000/oz. as governments continue to act to mend the damage from Covid-19, backstopped by central banks.
Read moreFTSE 250 movers: Pets at Home out of the dog house; Hochschild up as silver flies
31st Jul 2020 15:36
(Sharecast News) - London's second tier index finished the month on the back foot, weighed down by losses in the travel and leisure space after the Prime Minister announced that the planned easing of lockdown measures would be postponed.
Read moreFTSE 250 movers: Future, gold diggers, homebuilders all higher
20th Jul 2020 15:56
(Sharecast News) - Specialist publisher Future said on Monday that, with around two months of the current financial year remaining, its trading was expected to be towards the top end of market expectations, pushing its shares to the top of the leaderboard.
Read moreHochschild Mining Q2 hit by Covid closures; Inmaculada back by end-July
15th Jul 2020 07:40
(Sharecast News) - Hochschild Mining reported a fall in second quarter production as coronavirus-related closures hit output, adding that a production team would return to its suspended Inmaculada mine next week.
Read moreTuesday broker round-up
7th Jul 2020 14:00
(Sharecast News) - Unite Group: Peel Hunt upgrades to add with a target price of 1,000.0p.
Read moreHochschild suspends Peru mine after workers test positive for Covid-19
6th Jul 2020 07:33
(Sharecast News) - Hochschild Mining said it was suspending operations at its Inmaculada mine in Peru after some of its workers tested positive for Covid-19.
Read moreThursday broker round-up
25th Jun 2020 14:05
(Sharecast News) - InterContinental Hotels: Jefferies downgrades to hold with a target price of 4,100.0p.
Read moreRBC raises Centamin to 'outperform', lowers Hochschild to 'sector perform'
25th Jun 2020 09:13
(Sharecast News) - Analysts at RBC Capital Markets upgraded gold miner Centamin to 'outperform' from 'sector perform' on Thursday, stating that a shift in management would likely lower the risk of a move into new projects in West Africa.
Read moreHochschild to restart Peru operations after Covid-19 suspensions
18th May 2020 07:25
(Sharecast News) - Hochschild Mining said it was restarting operations at its Inmaculada and Pallancata mines in Peru and expected to reissue full year guidance once it hit full production and the overall impact of coronavirus suspensions was clear.
Read moreThursday broker round-up
23rd Apr 2020 14:04
(Sharecast News) - Hargreaves Lansdown: Deutsche Bank downgrades to sell with a target price of 1,325p.
Read moreWednesday broker round-up
22nd Apr 2020 13:54
(Sharecast News) - Centrica: Jefferies downgrades to hold with a target price of 29p.
Read moreCurtailed mines see Hochschild withdraw guidance, cancel dividend
22nd Apr 2020 08:32
(Sharecast News) - Hochschild Mining reported attributable gold production of 59,425 ounces in its first quarter on Wednesday, alongside three million ounces of silver.
Read moreBofA hikes target for gold 18 months ahead by half
21st Apr 2020 12:10
(Sharecast News) - Strategists at Bank of America hiked their target for gold prices in 18 months' time by half in anticipation of central banks and governments doubling the size of their balance sheets and fiscal deficits, respectively.
Read moreFTSE 250 movers: JD Wetherspoon hit by expectations for prolonged period of low demand
15th Apr 2020 15:35
(Sharecast News) - Leisure-related shares paced declines on the second-tier index on Wednesday, as investors' attention pivoted back to the sector as risk appetite soured on the back of exceedingly weak economic reports and corporate updates Stateside.
Read moreWednesday broker round-up
15th Apr 2020 13:36
(Sharecast News) - Reckitt Benckiser Group: Credit Suisse upgrades to neutral with a target price of 5,900p.
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