Hudbay Minerals Inc. (TSE:HBM - Get Free Report) NYSE: HBM Senior Officer Eugene Chi-Yen Lei purchased 1,500 shares of the business's stock in a transaction that occurred on Thursday, March 27th. The stock was bought at an average cost of C$11.30 per share, with a total value of C$16,950.00.
Hudbay Minerals Trading Up 0.9 %
Hudbay Minerals stock traded up C$0.10 during trading on Tuesday, hitting C$11.01. The company's stock had a trading volume of 1,312,128 shares, compared to its average volume of 1,833,381. Hudbay Minerals Inc. has a 1-year low of C$9.08 and a 1-year high of C$14.33. The stock's fifty day moving average is C$11.54 and its 200 day moving average is C$11.95. The company has a debt-to-equity ratio of 46.39, a quick ratio of 0.85 and a current ratio of 1.86. The stock has a market capitalization of C$3.05 billion, a price-to-earnings ratio of 31.00, a P/E/G ratio of 3.97 and a beta of 1.83.
Hudbay Minerals Announces Dividend
The company also recently disclosed a dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 21st were issued a dividend of $0.01 per share. This represents a dividend yield of 0.1%. The ex-dividend date of this dividend was Tuesday, March 4th. Hudbay Minerals's payout ratio is 5.63%.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on HBM. Canaccord Genuity Group dropped their price objective on shares of 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. Stifel Nicolaus boosted their price target 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. Stifel Canada upgraded shares of Hudbay Minerals to a "strong-buy" rating in a research report on Wednesday, March 19th. TD Securities lowered 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 note on Thursday, February 20th. Finally, National Bankshares lowered their target price on Hudbay Minerals from C$17.00 to C$15.50 and set an "outperform" rating for the company in a research note on Thursday, February 20th. Thirteen investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of C$15.15.
View Our Latest Research Report 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.
Featured Stories
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
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
