A number of firms have modified their ratings and price targets on shares of Hudbay Minerals (NYSE: HBM) recently:

  • 5/11/2022 – Hudbay Minerals had its price target lowered by analysts at Canaccord Genuity Group Inc. from C$12.50 to C$11.50.
  • 5/11/2022 – Hudbay Minerals had its price target lowered by analysts at Royal Bank of Canada from C$14.00 to C$12.00.
  • 5/11/2022 – Hudbay Minerals had its price target lowered by analysts at National Bank Financial from C$12.50 to C$11.50.
  • 5/11/2022 – Hudbay Minerals had its price target lowered by analysts at Scotiabank from C$12.50 to C$12.00.
  • 4/20/2022 – Hudbay Minerals had its price target raised by analysts at Raymond James from C$13.00 to C$14.00.
  • 4/19/2022 – Hudbay Minerals was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
  • 4/19/2022 – Hudbay Minerals had its price target lowered by analysts at National Bank Financial from C$13.00 to C$12.50.
  • 4/19/2022 – Hudbay Minerals had its price target raised by analysts at Scotiabank from C$12.00 to C$12.50.
  • 4/13/2022 – Hudbay Minerals had its price target raised by analysts at Scotiabank from C$11.50 to C$12.00.
  • 4/10/2022 – Hudbay Minerals was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
  • 4/8/2022 – Hudbay Minerals had its price target raised by analysts at National Bank Financial from C$12.50 to C$13.00.
  • 4/2/2022 – Hudbay Minerals was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
  • 3/25/2022 – Hudbay Minerals was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
  • 3/17/2022 – Hudbay Minerals was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
  • 3/17/2022 – Hudbay Minerals had its price target raised by analysts at Stifel Nicolaus from C$15.00 to C$16.50.

Shares of NYSE:HBM opened at $5.06 on Friday. The stock has a fifty day simple moving average of $7.31 and a two-hundred day simple moving average of $7.31. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of -11.00, a PEG ratio of 0.27 and a beta of 2.07. Hudbay Minerals Inc. has a 12-month low of $4.96 and a 12-month high of $8.75. The company has a current ratio of 1.29, a quick ratio of 0.98 and a debt-to-equity ratio of 0.83.

Hudbay Minerals (NYSE:HBMGet Rating) (TSE:HBM) last posted its earnings results on Wednesday, February 23rd. The mining company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. Hudbay Minerals had a negative net margin of 7.69% and a positive return on equity of 5.29%. The business had revenue of $425.17 million for the quarter, compared to analysts’ expectations of $440.81 million. During the same quarter in the prior year, the business earned ($0.06) EPS. The business’s revenue for the quarter was up 31.9% compared to the same quarter last year. As a group, equities research analysts predict that Hudbay Minerals Inc. will post 0.73 EPS for the current year.

The company also recently declared a Semi-Annual dividend, which was paid on Friday, March 25th. Shareholders of record on Tuesday, March 8th were paid a dividend of $0.008 per share. This is an increase from Hudbay Minerals’s previous Semi-Annual dividend of $0.01. This represents a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, March 7th. Hudbay Minerals’s payout ratio is currently -4.35%.

Large investors have recently made changes to their positions in the stock. FMR LLC purchased a new position in Hudbay Minerals in the 1st quarter worth approximately $880,000. Wells Fargo & Company MN raised its holdings in Hudbay Minerals by 428.1% during the 2nd quarter. Wells Fargo & Company MN now owns 85,005 shares of the mining company’s stock valued at $566,000 after buying an additional 68,908 shares during the period. Raymond James Financial Services Advisors Inc. purchased a new stake in Hudbay Minerals during the 3rd quarter valued at $81,000. Toronto Dominion Bank grew its position in Hudbay Minerals by 24.7% in the 3rd quarter. Toronto Dominion Bank now owns 214,367 shares of the mining company’s stock valued at $1,336,000 after acquiring an additional 42,495 shares during the last quarter. Finally, JustInvest LLC bought a new position in Hudbay Minerals in the 3rd quarter valued at $71,000. Institutional investors own 67.11% of the company’s stock.

Hudbay Minerals Inc, a diversified mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America. It produces copper concentrates containing copper, gold, and silver; silver/gold doré; molybdenum concentrates; and zinc metals.

Read More



Receive News & Ratings for Hudbay Minerals Inc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Hudbay Minerals Inc and related companies with MarketBeat.com’s FREE daily email newsletter.

Source link


The above content is from google feed with the source link mentioned. If you wish to remove the content from here then contact us and it will be removed within 24 hrs.