Hudbay Minerals Inc. (TSE:HBM) Receives C$15.54 Consensus Price Target from Analysts

Shares of Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) have earned an average rating of “Buy” from the fourteen ratings firms that are covering the stock, MarketBeat.com reports. Twelve analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is C$15.57.

Several equities research analysts have weighed in on HBM shares. Stifel Nicolaus raised their price target on Hudbay Minerals from C$16.00 to C$16.50 and gave the stock a “buy” rating in a report on Thursday, January 30th. National Bankshares raised their price target on Hudbay Minerals from C$15.50 to C$16.75 and gave the stock an “outperform” rating in a report on Tuesday, October 15th.

Insider Buying and Selling at Hudbay Minerals

In other Hudbay Minerals news, Senior Officer Robert Alan Carter sold 8,014 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of C$13.24, for a total value of C$106,105.36. 0.07% of the stock is currently owned by corporate insiders.

Hudbay Minerals Price Performance

Shares of TSE HBM opened at C$12.63 on Thursday. The company has a debt-to-equity ratio of 49.37, a quick ratio of 0.85 and a current ratio of 1.87. The company has a market cap of C$4.97 billion, a PE ratio of 34.14, a P/E/G ratio of 3.97 and a beta of 1.83. The business has a 50-day simple moving average of C$12.29 and a two-hundred day simple moving average of C$11.80. Hudbay Minerals has a fifty-two week low of C$6.72 and a fifty-two week high of C$14.33.

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.