NYSE:HBMHudbay Minerals Stock Price, Forecast & News

Hudbay Minerals' stock was trading at $1.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, HBM stock has increased by 93.7% and is now trading at $3.39. View which stocks have been most impacted by Coronavirus.

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

Hudbay Minerals is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Hudbay Minerals.

Hudbay Minerals Inc (NYSE:HBM) released its quarterly earnings results on Thursday, May, 14th. The mining company reported ($0.13) EPS for the quarter, meeting the Zacks' consensus estimate of ($0.13). The mining company earned $245.11 million during the quarter, compared to analysts' expectations of $258.87 million. Hudbay Minerals had a negative net margin of 34.15% and a negative return on equity of 5.08%. View Hudbay Minerals' earnings history.

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

8 analysts have issued 1 year target prices for Hudbay Minerals' shares. Their forecasts range from $3.00 to $8.75. On average, they expect Hudbay Minerals' stock price to reach $4.91 in the next year. This suggests a possible upside of 44.7% from the stock's current price. View analysts' price targets for Hudbay Minerals.

News coverage about HBM stock has been trending very negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 -3.2 on InfoTrie's scale. They also assigned press coverage about the mining company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Hudbay Minerals.

Hudbay Minerals saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 3,990,000 shares, a decrease of 8.3% from the June 15th total of 4,350,000 shares. Based on an average daily trading volume, of 2,070,000 shares, the short-interest ratio is presently 1.9 days. Approximately 1.8% of the company's stock are short sold. View Hudbay Minerals' Current Options Chain.

Some companies that are related to Hudbay Minerals include EXXARO RESOURCE/S (EXXAY), Centamin (CELTF), Compania de Minas Buenaventura SAA (BVN), Cleveland-Cliffs (CLF), Turquoise Hill Resources (TRQ), Pretium Resources (PVG), North American Palladium (PALDF), Nexa Resources (NEXA), Lithium Americas (LAC), Jaguar Mining (JAGGF), Rubicon Minerals (RBYCF), Fission Uranium (FCUUF), Amerigo Resources (ARREF), Mountain Province Diamonds (MPVDF) and Opiant Pharmaceuticals (OPNT). View all competitors.

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

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 $3.39.

Hudbay Minerals has a market capitalization of $885.71 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 2,236 workers across the globe.

The official website for Hudbay Minerals is 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]