Hudbay Minerals (TSE:HBM - Free Report) NYSE: HBM had its price objective decreased by National Bankshares from C$17.00 to C$15.50 in a research report released on Thursday,BayStreet.CA reports. National Bankshares currently has an outperform rating on the mining company's stock.
Other equities research analysts also recently issued research reports about the company. Stifel Nicolaus increased their target price on Hudbay Minerals from C$16.00 to C$16.50 and gave the stock a "buy" rating in a research report on Thursday, January 30th. Canaccord Genuity Group cut their price target on shares of Hudbay Minerals from C$15.50 to C$14.00 and set a "buy" rating on the stock in a report on Thursday. Finally, TD Securities dropped their target price on shares of Hudbay Minerals from C$15.00 to C$14.00 and set a "buy" rating for the company in a research report on Thursday. Thirteen research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Buy" and an average price target of C$15.12.
Get Our Latest Analysis on HBM
Hudbay Minerals Stock Performance
Shares of TSE HBM traded down C$0.68 during trading on Thursday, reaching C$10.10. 3,178,308 shares of the stock traded hands, compared to its average volume of 1,660,290. The stock has a market capitalization of C$2.80 billion, a P/E ratio of 28.44, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83. Hudbay Minerals has a 52-week low of C$7.07 and a 52-week 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. The company has a 50-day moving average of C$12.22 and a 200-day moving average of C$11.88.
Insider Buying and Selling at Hudbay Minerals
In other Hudbay Minerals news, Senior Officer Robert Alan Carter sold 8,014 shares of the company's 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. 0.07% of the stock is owned by corporate insiders.
About Hudbay Minerals
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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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