Shares of Hudbay Minerals Inc. (TSE:HBM - Get Free Report) NYSE: HBM passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$11.81 and traded as high as C$13.12. Hudbay Minerals shares last traded at C$12.84, with a volume of 1,473,616 shares traded.
Wall Street Analyst Weigh In
Several research analysts recently commented on the stock. National Bankshares raised their price target on shares of Hudbay Minerals from C$15.50 to C$16.75 and gave the stock an "outperform" rating in a research note on Tuesday, October 15th. Stifel Nicolaus raised their target price on shares of 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. Twelve investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of C$15.57.
Read Our Latest Research Report on Hudbay Minerals
Hudbay Minerals Price Performance
The firm has a market cap of C$5.40 billion, a P/E ratio of 37.05, a PEG ratio of 3.97 and a beta of 1.83. The company has a current ratio of 1.87, a quick ratio of 0.85 and a debt-to-equity ratio of 49.37. The firm has a 50-day simple moving average of C$12.34 and a 200-day simple moving average of C$11.83.
Insider Buying and Selling at Hudbay Minerals
In other news, Senior Officer Robert Alan Carter sold 8,014 shares of the business's stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of C$13.24, for a total transaction of C$106,105.36. 0.07% of the stock is owned by 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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