Shares of Hudbay Minerals Inc. (TSE:HBM - Get Free Report) NYSE: HBM have been assigned a consensus rating of "Buy" from the eleven ratings firms that are presently covering the stock, Marketbeat reports. Nine analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$15.67.
HBM has been the subject of several analyst reports. Royal Bank of Canada boosted their target price on Hudbay Minerals from C$16.00 to C$17.00 and gave the stock an "outperform" rating in a research note on Wednesday. BMO Capital Markets raised Hudbay Minerals to a "strong-buy" rating in a research note on Tuesday, April 15th. Raymond James boosted their target price on Hudbay Minerals from C$16.00 to C$17.00 in a research note on Friday, April 4th. Desjardins boosted their target price on Hudbay Minerals from C$16.00 to C$17.00 and gave the stock a "buy" rating in a research note on Thursday, May 22nd. Finally, National Bankshares lowered their target price on Hudbay Minerals from C$15.50 to C$14.50 and set an "outperform" rating for the company in a research note on Wednesday, April 16th.
Get Our Latest Report on HBM
Insider Transactions at Hudbay Minerals
In other news, Senior Officer Francisco Javier Del Rio Del Aguila sold 12,959 shares of the business's stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of C$12.00, for a total value of C$155,508.00. Insiders own 0.07% of the company's stock.
Hudbay Minerals Trading Up 0.8%
TSE:HBM traded up C$0.11 on Wednesday, reaching C$13.19. The company's stock had a trading volume of 983,041 shares, compared to its average volume of 1,747,127. Hudbay Minerals has a 12-month low of C$8.49 and a 12-month high of C$13.94. The company has a quick ratio of 0.85, a current ratio of 1.86 and a debt-to-equity ratio of 46.39. The firm has a market cap of C$3.66 billion, a price-to-earnings ratio of 37.14, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83. The stock has a 50 day moving average price of C$10.81 and a 200 day moving average price of C$11.53.
About Hudbay Minerals
(
Get Free ReportHudbay 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.
Recommended Stories
Before you consider Hudbay Minerals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hudbay Minerals wasn't on the list.
While Hudbay Minerals currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
