A number of firms have modified their ratings and price targets on shares of Hudbay Minerals (TSE: HBM) recently:
- 2/8/2018 – Hudbay Minerals had its price target lowered by analysts at CSFB from C$12.00 to C$11.50.
- 1/23/2018 – Hudbay Minerals had its price target raised by analysts at BMO Capital Markets from C$11.25 to C$12.00.
- 1/22/2018 – Hudbay Minerals had its price target raised by analysts at CIBC from C$14.00 to C$16.00.
- 1/19/2018 – Hudbay Minerals had its price target raised by analysts at Eight Capital from C$13.25 to C$13.75.
- 1/18/2018 – Hudbay Minerals was downgraded by analysts at National Bank Financial from an “outperform” rating to a “sector perform” rating. They now have a C$13.00 price target on the stock.
- 1/17/2018 – Hudbay Minerals had its “sector perform” rating reaffirmed by analysts at National Bank Financial.
Hudbay Minerals Inc (TSE HBM) traded up C$0.02 on Friday, reaching C$9.72. 2,742,264 shares of the company’s stock traded hands, compared to its average volume of 1,746,388. Hudbay Minerals Inc has a 1 year low of C$6.13 and a 1 year high of C$12.65. The firm has a market capitalization of $2,530.00, a P/E ratio of 108.00 and a beta of 2.55.
In other news, insider Gmt Capital Corp sold 29,200 shares of the company’s stock in a transaction on Monday, January 22nd. The shares were sold at an average price of C$9.29, for a total value of C$271,268.00. In the last 90 days, insiders have sold 44,200 shares of company stock worth $407,238.
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.
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