Hudbay Minerals Inc. (TSE:HBM - Get Free Report) NYSE: HBM Director Gregory Paul Dryden sold 30,000 shares of the firm's stock in a transaction on Friday, June 6th. The shares were sold at an average price of C$13.21, for a total transaction of C$396,204.00.
Hudbay Minerals Stock Up 1.4%
Hudbay Minerals stock traded up C$0.19 during trading hours on Monday, reaching C$13.38. The stock had a trading volume of 902,312 shares, compared to its average volume of 1,739,447. The company has a market cap of C$3.71 billion, a price-to-earnings ratio of 37.68, a PEG ratio of 3.97 and a beta of 1.83. The business's 50 day moving average price is C$10.81 and its 200-day moving average price is C$11.53. Hudbay Minerals Inc. has a 52 week low of C$8.49 and a 52 week high of C$13.94. The company has a debt-to-equity ratio of 46.39, a current ratio of 1.86 and a quick ratio of 0.85.
Analyst Upgrades and Downgrades
HBM has been the topic of several research reports. Raymond James boosted their price target on shares of Hudbay Minerals from C$16.00 to C$17.00 in a research report on Friday, April 4th. Stifel Canada upgraded Hudbay Minerals to a "strong-buy" rating in a report on Wednesday, March 19th. BMO Capital Markets raised shares of Hudbay Minerals to a "strong-buy" rating in a research report on Tuesday, April 15th. National Bankshares reduced their price target on shares of Hudbay Minerals from C$15.50 to C$14.50 and set an "outperform" rating for the company in a report on Wednesday, April 16th. Finally, TD Securities lowered their price target on shares of Hudbay Minerals from C$15.00 to C$14.00 and set a "buy" rating for the company in a research report on Thursday, February 20th. Nine research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of C$15.67.
Check Out Our Latest Analysis on Hudbay Minerals
About Hudbay Minerals
(
Get Free Report)
Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals.
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