Hudbay Minerals (HBM) to Release Earnings on Wednesday

Hudbay Minerals (NYSE:HBM - Get Free Report) TSE: HBM is anticipated to announce its earnings results before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $588.28 million for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Hudbay Minerals (NYSE:HBM - Get Free Report) TSE: HBM last released its quarterly earnings data on Wednesday, November 13th. The mining company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.09. The company had revenue of $485.80 million during the quarter, compared to the consensus estimate of $454.47 million. Hudbay Minerals had a return on equity of 7.44% and a net margin of 4.23%. The firm's revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.07 earnings per share. On average, analysts expect Hudbay Minerals to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hudbay Minerals Trading Up 0.6 %

NYSE:HBM traded up $0.05 during mid-day trading on Wednesday, hitting $9.09. 6,747,044 shares of the company's stock were exchanged, compared to its average volume of 5,840,205. Hudbay Minerals has a fifty-two week low of $4.94 and a fifty-two week high of $10.49. The company has a current ratio of 1.86, a quick ratio of 1.47 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $3.59 billion, a P/E ratio of 39.52 and a beta of 1.74. The company has a 50 day simple moving average of $8.60 and a 200-day simple moving average of $8.50.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Hudbay Minerals from a "hold" rating to a "buy" rating in a research note on Friday, February 7th. Five research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $11.17.

Hudbay Minerals Company Profile

Hudbay Minerals Inc, a diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America. It produces copper concentrates containing gold, silver, and molybdenum; gold concentrates containing zinc; zinc concentrates; molybdenum concentrates; and silver/gold doré.