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 (WHO). Since then, HBM shares have 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 data on Thursday, May, 14th. The mining company reported ($0.13) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.13). The mining company earned $245.11 million during the quarter, compared to analyst estimates 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 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 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 twelve-month price objectives for Hudbay Minerals' stock. Their forecasts range from $3.00 to $8.75. On average, they expect Hudbay Minerals' stock price to reach $4.88 in the next twelve months. This suggests a possible upside of 62.5% from the stock's current price. View analysts' price targets for Hudbay Minerals.

News coverage about HBM stock has been trending somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Hudbay Minerals earned a media sentiment score of 1.6 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 impact on the stock's share price in the immediate future. View the latest news aboutHudbay Minerals.

Hudbay Minerals saw a decrease in short interest in May. As of May 15th, there was short interest totaling 10,800,000 shares, a decrease of 19.5% from the April 30th total of 13,420,000 shares. Based on an average trading volume of 2,200,000 shares, the short-interest ratio is currently 4.9 days. Currently, 5.0% of the shares of the 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), Cleveland-Cliffs (CLF), Compania de Minas Buenaventura SAA (BVN), 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), Dakota Territory Resource (DTRC), Opiant Pharmaceuticals (OPNT) and Mountain Province Diamonds (MPVDF). 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 retail and institutional 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 bought 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]