Hudbay Minerals Inc. (TSE:HBM - Get Free Report) NYSE: HBM announced a dividend on Tuesday, March 4th, TickerTech Dividends reports. Investors of record on Friday, March 21st will be paid a dividend of 0.01 per share by the mining company on Friday, March 21st. This represents a yield of 0.1%. The ex-dividend date of this dividend is Tuesday, March 4th.
Hudbay Minerals Price Performance
TSE:HBM traded up C$0.68 during trading hours on Wednesday, reaching C$10.68. 2,327,290 shares of the company traded hands, compared to its average volume of 1,758,467. The stock has a market cap of C$2.96 billion, a P/E ratio of 30.07, a P/E/G ratio of 3.97 and a beta of 1.83. The firm's 50-day moving average is C$12.00 and its 200-day moving average is C$11.89. Hudbay Minerals has a 1-year low of C$8.29 and a 1-year high of C$14.33. The company has a debt-to-equity ratio of 46.39, a current ratio of 1.86 and a quick ratio of 0.85.
Insider Transactions at Hudbay Minerals
In related news, Senior Officer Robert Alan Carter sold 8,014 shares of the stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of C$13.24, for a total value of C$106,105.36. Also, Director Peter Gerald Jan Kukielski bought 9,300 shares of the business's stock in a transaction on Friday, February 21st. The stock was purchased at an average price of C$10.76 per share, with a total value of C$100,068.00. Insiders own 0.07% of the company's stock.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on HBM. Stifel Nicolaus boosted their price target on Hudbay Minerals from C$16.00 to C$16.50 and gave the company a "buy" rating in a report on Thursday, January 30th. Scotiabank lowered their price target on Hudbay Minerals from C$15.50 to C$14.00 and set an "outperform" rating for the company in a report on Thursday, February 20th. TD Securities cut their price objective on Hudbay Minerals from C$15.00 to C$14.00 and set a "buy" rating on the stock in a research report on Thursday, February 20th. Canaccord Genuity Group decreased their target price on Hudbay Minerals from C$15.50 to C$14.00 and set a "buy" rating for the company in a research report on Thursday, February 20th. Finally, Royal Bank of Canada dropped their target price on Hudbay Minerals from C$16.00 to C$15.00 and set an "outperform" rating on the stock in a report on Thursday, February 20th. Thirteen analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of C$15.12.
Get Our Latest Analysis on HBM
Hudbay Minerals Company Profile
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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.
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