Hudbay Minerals Inc. (TSE:HBM - Get Free Report) (NYSE:HBM) Senior Officer Francisco Javier Del Rio Del Aguila sold 12,959 shares of the firm's stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of C$12.00, for a total transaction of C$155,508.00.
Hudbay Minerals Stock Up 1.5 %
HBM opened at C$11.85 on Tuesday. The company has a fifty day moving average of C$11.66 and a two-hundred day moving average of C$11.92. The company has a debt-to-equity ratio of 46.39, a quick ratio of 0.85 and a current ratio of 1.86. Hudbay Minerals Inc. has a fifty-two week low of C$9.08 and a fifty-two week high of C$14.33. The stock has a market capitalization of C$3.29 billion, a price-to-earnings ratio of 33.37, a PEG ratio of 3.97 and a beta of 1.83.
Hudbay Minerals Dividend Announcement
The firm also recently declared a dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 21st were issued a $0.01 dividend. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a yield of 0.1%. Hudbay Minerals's payout ratio is 5.63%.
Wall Street Analysts Forecast Growth
HBM has been the subject of several analyst reports. Royal Bank of Canada upped their price objective on Hudbay Minerals from C$15.00 to C$16.00 and gave the stock an "outperform" rating in a research note on Thursday, March 13th. Scotiabank cut their price objective on shares of Hudbay Minerals from C$15.50 to C$14.00 and set an "outperform" rating for the company in a report on Thursday, February 20th. National Bankshares reduced their target price on Hudbay Minerals from C$17.00 to C$15.50 and set an "outperform" rating on the stock in a report on Thursday, February 20th. TD Securities reduced their price target on shares of Hudbay Minerals from C$15.00 to C$14.00 and set a "buy" rating on the stock in a research report on Thursday, February 20th. Finally, Stifel Nicolaus upped their price objective 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. 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, the company has a consensus rating of "Buy" and a consensus price target of C$15.18.
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Hudbay Minerals Company Profile
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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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