Hudbay Minerals Inc. (TSE:HBM) Senior Officer Francisco Javier Del Rio Del Aguila Sells 12,959 Shares

Hudbay Minerals Inc. (TSE:HBM - Get Free Report) NYSE: HBM Senior Officer Francisco Javier Del Rio Del Aguila sold 12,959 shares of the business's stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of C$12.00, for a total value of C$155,508.00.

Hudbay Minerals Trading Down 3.8 %

Shares of TSE HBM traded down C$0.44 during mid-day trading on Friday, reaching C$10.99. 1,597,982 shares of the company's stock were exchanged, compared to its average volume of 1,851,178. The company's 50-day moving average is C$11.61 and its 200-day moving average is C$11.93. 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 firm has a market capitalization of C$3.05 billion, a price-to-earnings ratio of 30.95, a PEG ratio of 3.97 and a beta of 1.83. Hudbay Minerals Inc. has a 52-week low of C$9.08 and a 52-week high of C$14.33.

Hudbay Minerals Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 21st were given a dividend of $0.01 per share. This represents a dividend yield of 0.1%. The ex-dividend date was Tuesday, March 4th. Hudbay Minerals's dividend payout ratio is presently 5.63%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Scotiabank cut their price objective on shares of Hudbay Minerals from C$14.00 to C$13.50 and set an "outperform" rating for the company in a report on Friday. Stifel Nicolaus raised their target price on Hudbay Minerals from C$16.00 to C$16.50 and gave the company a "buy" rating in a research report on Thursday, January 30th. National Bankshares reduced their price target on Hudbay Minerals from C$17.00 to C$15.50 and set an "outperform" rating for the company in a report on Thursday, February 20th. Royal Bank of Canada increased their price target on Hudbay Minerals from C$15.00 to C$16.00 and gave the stock an "outperform" rating in a research report on Thursday, March 13th. Finally, TD Securities cut their price objective on Hudbay Minerals from C$15.00 to C$14.00 and set a "buy" rating for the company in a research report on Thursday, February 20th. Thirteen research 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, the stock currently has an average rating of "Buy" and a consensus target price of C$15.15.

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Hudbay Minerals Company Profile

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.