Hudbay Minerals (TSE:HBM - Get Free Report) NYSE: HBM will be posting its quarterly earnings results before the market opens on Wednesday, November 13th. Analysts expect Hudbay Minerals to post earnings of C$0.11 per share for the quarter.
Hudbay Minerals Stock Performance
Shares of Hudbay Minerals stock traded down C$0.31 on Wednesday, hitting C$12.55. The stock had a trading volume of 2,001,436 shares, compared to its average volume of 1,567,692. The stock has a market cap of C$4.94 billion, a price-to-earnings ratio of 33.22, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83. The company has a quick ratio of 0.85, a current ratio of 1.87 and a debt-to-equity ratio of 49.37. Hudbay Minerals has a twelve month low of C$5.46 and a twelve month high of C$14.33. The business's 50 day moving average is C$11.73 and its two-hundred day moving average is C$11.80.
Hudbay Minerals Announces Dividend
The company also recently disclosed a 1 dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Friday, September 20th were given a dividend of $0.02 per share. This represents a yield of 0.09%. The ex-dividend date of this dividend was Friday, September 20th. Hudbay Minerals's payout ratio is 5.41%.
Analysts Set New Price Targets
HBM has been the topic of several research reports. Stifel Nicolaus upped their price target on shares of Hudbay Minerals from C$15.00 to C$16.00 and gave the company a "buy" rating in a research note on Monday, July 22nd. Eight Capital raised their target price on shares of Hudbay Minerals from C$14.50 to C$18.00 in a report on Thursday, July 11th. Royal Bank of Canada cut their price target on Hudbay Minerals from C$18.00 to C$16.00 and set an "outperform" rating for the company in a research note on Tuesday, September 10th. National Bankshares lifted their target price on Hudbay Minerals from C$15.50 to C$16.75 and gave the stock an "outperform" rating in a report on Tuesday, October 15th. Finally, Jefferies Financial Group lifted their price objective on Hudbay Minerals from C$14.00 to C$15.00 in a research note on Friday, October 4th. Twelve equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Hudbay Minerals has an average rating of "Buy" and a consensus target price of C$15.54.
Read Our Latest Research Report on Hudbay Minerals
About Hudbay Minerals
(
Get Free Report)
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.
Read More
Before you consider Hudbay Minerals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hudbay Minerals wasn't on the list.
While Hudbay Minerals currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
