HBM has been the topic of a number of other research reports. National Bank Financial lowered shares of Hudbay Minerals from an outperform rating to a sector perform rating and increased their price objective for the stock from C$11.25 to C$13.00 in a report on Wednesday, October 18th. Scotiabank reissued a focus stock rating and set a C$12.50 price objective on shares of Hudbay Minerals in a report on Thursday, November 2nd. BMO Capital Markets increased their price objective on shares of Hudbay Minerals from C$10.50 to C$10.75 and gave the stock a market perform rating in a report on Monday, October 2nd. Eight Capital increased their price objective on shares of Hudbay Minerals from C$13.25 to C$13.75 in a report on Friday. Finally, TD Securities decreased their price objective on shares of Hudbay Minerals from C$13.00 to C$12.50 and set an action list buy rating on the stock in a report on Monday, October 2nd. Four analysts have rated the stock with a hold rating, five have given a buy rating and two have issued a strong buy rating to the company. Hudbay Minerals presently has a consensus rating of Buy and an average price target of C$12.50.
Shares of Hudbay Minerals (TSE:HBM) traded down C$0.11 during trading hours on Monday, reaching C$11.64. 1,310,500 shares of the company’s stock were exchanged, compared to its average volume of 1,679,560. Hudbay Minerals has a 12-month low of C$6.13 and a 12-month high of C$12.65. The company has a market cap of $3,040.00, a price-to-earnings ratio of 129.33 and a beta of 2.78.
In other Hudbay Minerals news, insider Gmt Capital Corp bought 6,700 shares of the business’s stock in a transaction on Monday, November 20th. The shares were bought at an average cost of C$7.68 per share, for a total transaction of C$51,456.00.
Hudbay Minerals Company Profile
Hudbay Minerals Inc is a Canada-based mining company. The Company is engaged in the production of copper concentrate, consisting of copper, gold and silver, as well as zinc metal. The Company is focused on the discovery, production and marketing of base and precious metals. The Company has assets in North and South America.
Receive News & Ratings for Hudbay Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hudbay Minerals and related companies with MarketBeat.com's FREE daily email newsletter.