1 week Ago By Defense World Staff
Hudbay Minerals Inc. (TSE:HBM – Get Free Report) (NYSE:HBM) shares traded up 4.4% during trading on Friday .
The company traded as high as C$9.55 and last traded at C$9.51.
1,156,496 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 1,900,485 shares. The stock had previously closed at C$9.11.
Wall Street Analyst Weigh InSeveral analysts recently commented on HBM shares. National Bankshares set a C$15.50 price objective on Hudbay Minerals and gave the stock an “outperform” rating in a research note on Wednesday, April 2nd.
Canaccord Genuity Group dropped their price target on Hudbay Minerals from C$15.50 to C$14.00 and set a “buy” rating on the stock in a research report on Thursday, February 20th.
Stifel Canada upgraded Hudbay Minerals to a “strong-buy” rating in a research report on Wednesday, March 19th. Raymond James raised their target price on shares of Hudbay Minerals from C$16.00 to C$17.
00 in a report on Friday, April 4th. Finally, Royal Bank of Canada upped their price target on shares of Hudbay Minerals from C$15.00 to C$16.
00 and gave the company an “outperform” rating in a report on Thursday, March 13th. Thirteen research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.
com, the company has a consensus rating of “Buy” and a consensus price target of C$15.71.Check Out Our Latest Stock Report on Hudbay MineralsHudbay Minerals Trading Up 4.
9 %The business has a 50-day simple moving average of C$10.99 and a two-hundred day simple moving average of C$11.92.
The stock has a market cap of C$2.65 billion, a price-to-earnings ratio of 26.92, a P/E/G ratio of 3.
97 and a beta of 1.83. The company has a debt-to-equity ratio of 46.
39, a current ratio of 1.86 and a quick ratio of 0.85.
Hudbay Minerals Announces DividendThe business also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 21st were issued a $0.01 dividend.
The ex-dividend date was Tuesday, March 4th. This represents a yield of 0.1%.
Hudbay Minerals’s dividend payout ratio is currently 5.63%. Insider Transactions at Hudbay MineralsIn other Hudbay Minerals news, Senior Officer Francisco Javier Del Rio Del Aguila sold 12,959 shares of the 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 transaction of C$155,508.00.
Also, Director Peter Gerald Jan Kukielski purchased 9,300 shares of the company’s stock in a transaction dated Friday, February 21st. The stock was acquired at an average price of C$10.76 per share, with a total value of C$100,068.
00. Insiders bought a total of 11,800 shares of company stock worth $127,418 over the last quarter. Company insiders own 0.
07% of the company’s stock. 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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