BUZZ-Hochschild Mining: Shares up as Citi raises target price

viernes 18 de julio de 2014 05:03 GYT

** Shares in precious metals miner Hochschild Mining rise as much as 4 percent to 165.5 pence after Citi raises its target price to 116 pence a share from 110 pence.

** The brokerages cites rise in first half silver-equivalent output and cost-cutting paying off.

** Hochschild this week said it has exceeded its target of saving $200 million and identified new ways to cut the cost of mining silver in Peru and Argentina

** Hochschild's stock was the top percentage gainer among FTSE-250 companies.

(Reuters Messaging: