Hudbay Minerals Stock Price, News & Analysis (NYSE:HBM)

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

Hudbay Minerals declared a Semi-Annual dividend on Thursday, August 8th. Stockholders of record on Friday, September 6th will be given a dividend of $0.008 per share on Friday, September 27th. The ex-dividend date of this dividend is Thursday, September 5th. View Hudbay Minerals' Dividend History.

Hudbay Minerals Inc (NYSE:HBM) issued its quarterly earnings results on Thursday, August, 8th. The mining company reported ($0.04) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.06 by $0.10. The mining company earned $329.40 million during the quarter, compared to analyst estimates of $310.63 million. Hudbay Minerals had a positive return on equity of 1.51% and a negative net margin of 3.61%. Hudbay Minerals's quarterly revenue was down 11.3% compared to the same quarter last year. During the same quarter in the previous 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 Wednesday, October 30th 2019. View Earnings Estimates for Hudbay Minerals.

7 Wall Street analysts have issued twelve-month price objectives for Hudbay Minerals' stock. Their forecasts range from $5.00 to $10.50. On average, they expect Hudbay Minerals' stock price to reach $8.0625 in the next year. This suggests a possible upside of 105.7% from the stock's current price. View Analyst Price Targets for Hudbay Minerals.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hudbay Minerals in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hudbay Minerals.

Headlines about HBM stock have trended somewhat negative recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hudbay Minerals earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned headlines about the mining company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Hudbay Minerals.

Hudbay Minerals saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 2,990,000 shares, an increase of 8.3% from the July 31st total of 2,760,000 shares. Based on an average daily trading volume, of 902,000 shares, the short-interest ratio is presently 3.3 days. Currently, 1.3% of the company's stock are sold short. View Hudbay Minerals' Current Options Chain.

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

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 variety of of institutional and retail investors. Top institutional shareholders include Letko Brosseau & Associates Inc. (13.57%), Waterton Global Resource Management Inc. (12.88%), Vanguard Group Inc. (2.44%), Allianz Asset Management GmbH (2.07%), Heathbridge Capital Management Ltd. (1.96%) and Citadel Advisors LLC (1.70%).

HBM stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Citadel Advisors LLC, Royal Bank of Canada, TD Asset Management Inc., CIBC Asset Management Inc, Bank of America Corp DE, Man Group plc and Fiera Capital Corp.

HBM stock was acquired by a variety of institutional investors in the last quarter, including Waterton Global Resource Management Inc., Renaissance Technologies LLC, Anson Funds Management LP, Intact Investment Management Inc., Maverick Capital Ltd., D. E. Shaw & Co. Inc., Letko Brosseau & Associates Inc. and Heathbridge Capital Management Ltd..

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 $3.92.

Hudbay Minerals has a market capitalization of $1.02 billion and generates $1.47 billion in revenue each year. The mining company earns $85.42 million in net income (profit) each year or $0.39 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]