NYSE:HBMHudbay Minerals Stock Price, Forecast & News

Hudbay Minerals' stock was trading at $1.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, HBM stock has increased by 71.4% and is now trading at $3.00. 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) posted its quarterly earnings results on Thursday, May, 14th. The mining company reported ($0.13) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.13). The mining company earned $245.11 million during the quarter, compared to the consensus estimate of $258.87 million. Hudbay Minerals had a negative return on equity of 5.08% and a negative net margin of 34.15%. View Hudbay Minerals' earnings history.

Hudbay Minerals declared a Semi-Annual dividend on Thursday, February 20th. Stockholders of record on Tuesday, March 10th will be paid 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 Wall Street analysts have issued 12 month price targets for Hudbay Minerals' shares. Their forecasts range from $3.00 to $8.75. On average, they anticipate Hudbay Minerals' stock price to reach $5.00 in the next year. This suggests a possible upside of 66.7% from the stock's current price. View analysts' price targets for Hudbay Minerals.

News stories about HBM stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Hudbay Minerals earned a media sentiment score of -3.1 on InfoTrie's scale. They also assigned news stories about the mining company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutHudbay Minerals.

Hudbay Minerals saw a decline in short interest in May. As of May 15th, there was short interest totaling 10,800,000 shares, a decline of 19.5% from the April 30th total of 13,420,000 shares. Based on an average daily trading volume, of 2,200,000 shares, the days-to-cover ratio is presently 4.9 days. Currently, 5.0% of the shares of the company are short sold. View Hudbay Minerals' Current Options Chain.

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

Hudbay Minerals' stock is owned by a number of institutional and retail investors. Top institutional investors include Waterton Global Resource Management Inc. (15.99%), Morgan Stanley (4.76%), Morgan Stanley (4.76%), Assenagon Asset Management S.A. (3.71%), Heathbridge Capital Management Ltd. (3.16%) and Scheer Rowlett & Associates Investment Management Ltd. (0.84%).

HBM stock was sold by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., Scheer Rowlett & Associates Investment Management Ltd., CIBC Asset Management Inc, Two Sigma Advisers LP, Toronto Dominion Bank, Vident Investment Advisory LLC, Deutsche Bank AG, and Donald Smith & CO. Inc..

HBM stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Assenagon Asset Management S.A., Waterton Global Resource Management Inc., Heathbridge Capital Management Ltd., Matarin Capital Management LLC, Two Sigma Investments LP, and ETF Managers Group LLC.

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 $3.00.

Hudbay Minerals has a market capitalization of $783.82 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]