Hudbay Minerals Inc. (TSE:HBM - Get Free Report) NYSE: HBM Director Peter Gerald Jan Kukielski acquired 9,300 shares of the stock in a transaction dated Friday, February 21st. The stock was bought at an average cost of C$10.76 per share, with a total value of C$100,068.00.
Hudbay Minerals Stock Performance
Shares of HBM stock opened at C$10.62 on Thursday. The company has a 50 day moving average price of C$12.13 and a 200-day moving average price of C$11.88. The company has a quick ratio of 0.85, a current ratio of 1.86 and a debt-to-equity ratio of 46.39. The firm has a market capitalization of C$2.95 billion, a PE ratio of 29.91, a P/E/G ratio of 3.97 and a beta of 1.83. Hudbay Minerals Inc. has a 52 week low of C$7.50 and a 52 week high of C$14.33.
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on HBM. Royal Bank of Canada dropped their price objective on shares of Hudbay Minerals from C$16.00 to C$15.00 and set an "outperform" rating for the company in a report on Thursday, February 20th. Canaccord Genuity Group reduced their price target on Hudbay Minerals from C$15.50 to C$14.00 and set a "buy" rating on the stock in a report on Thursday, February 20th. TD Securities cut their target price on shares of Hudbay Minerals from C$15.00 to C$14.00 and set a "buy" rating on the stock in a research note on Thursday, February 20th. Scotiabank decreased their price objective 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. Finally, National Bankshares reduced their target price on shares of Hudbay Minerals from C$17.00 to C$15.50 and set an "outperform" rating on the stock in a research 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 company. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of C$15.12.
Read Our Latest Analysis on HBM
Hudbay Minerals Company Profile
(
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.
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