Hudbay Minerals Inc. (TSE:HBM - Get Free Report) (NYSE:HBM) Senior Officer Eugene Chi-Yen Lei acquired 2,400 shares of the company's stock in a transaction that occurred on Friday, September 13th. The shares were acquired at an average price of C$9.98 per share, with a total value of C$23,952.00.
Hudbay Minerals Stock Up 1.7 %
Shares of TSE HBM opened at C$9.97 on Friday. The stock has a market capitalization of C$3.92 billion, a PE ratio of 26.95, a price-to-earnings-growth ratio of 3.97 and a beta of 1.82. The company has a current ratio of 1.87, a quick ratio of 0.85 and a debt-to-equity ratio of 49.37. Hudbay Minerals Inc. has a 12-month low of C$5.46 and a 12-month high of C$14.33. The stock's fifty day simple moving average is C$10.80 and its two-hundred day simple moving average is C$11.06.
Hudbay Minerals Announces Dividend
The business also recently announced a 1 dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Friday, September 20th were paid 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 (DPR) is presently 5.41%.
Analyst Ratings Changes
HBM has been the topic of a number of research analyst reports. Canaccord Genuity Group cut their price target on shares of Hudbay Minerals from C$16.00 to C$15.00 in a report on Monday, July 22nd. Cormark upped their target price on shares of Hudbay Minerals from C$13.50 to C$15.00 and gave the stock a "buy" rating in a research note on Monday, May 27th. Eight Capital lifted their price target on shares of Hudbay Minerals from C$14.50 to C$18.00 in a research note on Thursday, July 11th. Stifel Canada upgraded Hudbay Minerals to a "strong-buy" rating in a report on Monday, July 22nd. Finally, CIBC raised their price objective on Hudbay Minerals from C$14.50 to C$15.50 and gave the stock an "outperform" rating in a report on Thursday, June 20th. Twelve investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of C$15.34.
War on Elon Escalates…
From Porter & Company | Ad
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites.
And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
One company holds a near-total monopoly on it.
Read Our Latest Research Report on Hudbay Minerals
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 Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
