NYSE:HBM - Hudbay Minerals Stock Price, Forecast & News

Hudbay Minerals trades on the New York Stock Exchange (NYSE) under the ticker symbol "HBM."

Hudbay Minerals declared a Semi-Annual dividend on Thursday, February 20th. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.008 per share on Friday, March 27th. This represents a yield of 0.6%. The ex-dividend date is Monday, March 9th. View Hudbay Minerals' Dividend History.

Hudbay Minerals Inc (NYSE:HBM) announced its earnings results on Monday, November, 11th. The mining company reported ($0.08) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.06) by $0.02. The mining company earned $291.28 million during the quarter, compared to analysts' expectations of $295.75 million. Hudbay Minerals had a negative net margin of 27.78% and a negative return on equity of 2.55%. The business's revenue was down 19.7% on a year-over-year basis. During the same period last year, the business posted $0.09 earnings per share. View Hudbay Minerals' Earnings History.

Hudbay Minerals is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Hudbay Minerals.

9 brokerages have issued 12 month price objectives for Hudbay Minerals' stock. Their forecasts range from $5.50 to $10.50. On average, they anticipate Hudbay Minerals' share price to reach $8.19 in the next year. This suggests a possible upside of 202.1% from the stock's current price. View Analyst Price Targets for Hudbay Minerals.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hudbay Minerals in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Hudbay Minerals.

Media headlines about HBM stock have been trending neutral recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Hudbay Minerals earned a daily sentiment score of 0.4 on InfoTrie's scale. They also assigned news stories about the mining company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Hudbay Minerals.

Hudbay Minerals saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 1,030,000 shares, a drop of 19.5% from the January 15th total of 1,280,000 shares. Based on an average daily trading volume, of 860,300 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.5% of the company's stock are sold short. View Hudbay Minerals' Current Options Chain.

Some companies that are related to Hudbay Minerals include Centamin (CELTF), Cleveland-Cliffs (CLF), Pretium Resources (PVG), Nexa Resources (NEXA), Turquoise Hill Resources (TRQ), North American Palladium (PALDF), Lithium Americas (LAC), Mountain Province Diamonds (MPVD), Jaguar Mining (JAGGF), Fission Uranium (FCUUF), Rubicon Minerals (RBYCF), Opiant Pharmaceuticals (OPNT), Amerigo Resources (ARREF), Wealth Minerals (WMLLF) and Santa Fe Gold (SFEG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Hudbay Minerals investors own include Cellectar Biosciences (CLRB), Zynga (ZNGA), Quantum (QTM), Baytex Energy (BTE), Sherritt International (S), Concordia International (CXRX), Bombardier (BDRBF), Encana (ECA), Bombardier, Inc. Class B (BBD.B) and Bonavista Energy (BNP).

Hudbay Minerals' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Letko Brosseau & Associates Inc. (14.18%), Heathbridge Capital Management Ltd. (2.61%), Renaissance Technologies LLC (2.28%), Scheer Rowlett & Associates Investment Management Ltd. (1.20%), Connor Clark & Lunn Investment Management Ltd. (0.72%) and TD Asset Management Inc. (0.43%).

HBM stock was sold by a variety of institutional investors in the last quarter, including Letko Brosseau & Associates Inc., Franklin Resources Inc., Intact Investment Management Inc., Goldman Sachs Group Inc., CIBC World Markets Inc., Fiera Capital Corp, Man Group plc and Geode Capital Management LLC.

HBM stock was purchased by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., Renaissance Technologies LLC, Scheer Rowlett & Associates Investment Management Ltd., Credit Suisse AG, TD Asset Management Inc., California Public Employees Retirement System, FMR LLC and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp.

Shares of HBM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of HBM stock can currently be purchased for approximately $2.71.

Hudbay Minerals has a market capitalization of $708.05 million and generates $1.24 billion in revenue each year. The mining company earns $-343,810,000.00 in net income (profit) each year or ($0.19) on an earnings per share basis. Hudbay Minerals employs 2,180 workers across the globe.View Additional Information About Hudbay Minerals.

The official website for Hudbay Minerals is http://www.hudbayminerals.com/.

Hudbay Minerals' mailing address is 25 YORK STREET SUITE 800, TORONTO A6, M5J 2V5. The mining company can be reached via phone at 416-362-8181 or via email at [email protected]