2 weeks Ago By Defense World Staff
Shares of Hudbay Minerals Inc. ( TSE:HBM – Get Free Report ) (NYSE:HBM) have earned an average recommendation of “Buy” from the fourteen brokerages that are currently covering the firm, Marketbeat reports. Twelve analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company.
The average 12-month price target among brokers that have updated their coverage on the stock in the last year is C$15.54. HBM has been the topic of a number of recent analyst reports.
Stifel Nicolaus increased their price target on Hudbay Minerals from C$15.00 to C$16.00 and gave the stock a “buy” rating in a research note on Monday, July 22nd.
Jefferies Financial Group raised their price target on Hudbay Minerals from C$14.00 to C$15.00 in a research note on Friday, October 4th.
Royal Bank of Canada dropped their price objective on shares of Hudbay Minerals from C$18.00 to C$16.00 and set an “outperform” rating for the company in a research note on Tuesday, September 10th.
Stifel Canada raised shares of Hudbay Minerals to a “strong-buy” rating in a research report on Monday, July 22nd. Finally, Scotiabank upped their price target on shares of Hudbay Minerals from C$14.50 to C$15.
00 and gave the stock an “outperform” rating in a research report on Tuesday, October 8th. Check Out Our Latest Stock Report on HBM Hudbay Minerals Stock Down 1.2 % Hudbay Minerals Announces Dividend The business also recently declared a 1 dividend, which was paid on Tuesday, September 3rd.
Investors of record on Friday, September 20th were issued a $0.02 dividend. The ex-dividend date of this dividend was Friday, September 20th.
This represents a yield of 0.09%. Hudbay Minerals’s dividend payout ratio is presently 5.
41%. About Hudbay Minerals ( 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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