Hudbay Minerals Inc (HBM) Insider Gmt Capital Corp Purchases 17,000 Shares

Hudbay Minerals Inc (TSE:HBM) (NYSE:HBM) insider Gmt Capital Corp purchased 17,000 shares of the company’s stock in a transaction dated Monday, December 3rd. The stock was bought at an average price of C$5.42 per share, with a total value of C$92,140.00.

Gmt Capital Corp also recently made the following trade(s):

  • On Thursday, November 1st, Gmt Capital Corp purchased 24,400 shares of Hudbay Minerals stock. The stock was bought at an average price of C$4.63 per share, with a total value of C$112,972.00.
  • On Friday, October 12th, Gmt Capital Corp purchased 2,400 shares of Hudbay Minerals stock. The stock was bought at an average price of C$4.69 per share, with a total value of C$11,256.00.
  • On Tuesday, October 9th, Gmt Capital Corp purchased 14,800 shares of Hudbay Minerals stock. The stock was bought at an average price of C$4.72 per share, with a total value of C$69,856.00.
  • On Monday, October 1st, Gmt Capital Corp sold 3,200 shares of Hudbay Minerals stock. The shares were sold at an average price of C$5.13, for a total value of C$16,416.00.

HBM traded down C$0.32 during trading hours on Tuesday, reaching C$6.92. The company’s stock had a trading volume of 1,632,610 shares, compared to its average volume of 1,753,478. Hudbay Minerals Inc has a fifty-two week low of C$4.51 and a fifty-two week high of C$12.65. The company has a current ratio of 2.44, a quick ratio of 1.93 and a debt-to-equity ratio of 48.06.

Hudbay Minerals (TSE:HBM) (NYSE:HBM) last released its quarterly earnings data on Wednesday, October 31st. The mining company reported C$0.11 EPS for the quarter, beating analysts’ consensus estimates of C$0.02 by C$0.09. The business had revenue of C$473.95 million during the quarter, compared to analyst estimates of C$417.30 million. As a group, analysts predict that Hudbay Minerals Inc will post 0.360995874588938 earnings per share for the current year.

A number of equities research analysts have recently issued reports on the company. CIBC dropped their price target on Hudbay Minerals from C$10.00 to C$9.00 in a research report on Monday, November 5th. Raymond James restated an “outperform” rating and issued a C$9.00 price target on shares of Hudbay Minerals in a research report on Friday, November 2nd. CSFB reiterated a “neutral” rating and issued a C$8.50 price objective on shares of Hudbay Minerals in a report on Monday, September 10th. Finally, Royal Bank of Canada decreased their price objective on Hudbay Minerals from C$13.00 to C$11.00 and set an “outperform” rating on the stock in a report on Monday, August 13th. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of C$10.80.

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Hudbay Minerals Company Profile

Hudbay Minerals Inc, an integrated mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America. It produces copper concentrates containing copper, gold, and silver; and zinc metal. The company owns four polymetallic mines, four ore concentrators, and a zinc production facility in northern Manitoba and Saskatchewan, Canada, as well as in Cusco, Peru; and a copper project in Arizona, the United States.

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Insider Buying and Selling by Quarter for Hudbay Minerals (TSE:HBM)

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