Hudbay Minerals Inc. (TSE:HBM) Director Peter Gerald Jan Kukielski Buys 9,300 Shares

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) Director Peter Gerald Jan Kukielski acquired 9,300 shares of Hudbay Minerals stock in a transaction on Friday, February 21st. The shares were bought at an average price of C$10.76 per share, for a total transaction of C$100,068.00.

Hudbay Minerals Stock Down 6.3 %

HBM stock opened at C$10.10 on Monday. The company has a quick ratio of 0.85, a current ratio of 1.86 and a debt-to-equity ratio of 46.39. Hudbay Minerals Inc. has a fifty-two week low of C$7.07 and a fifty-two week high of C$14.33. The firm’s 50-day simple moving average is C$12.22 and its 200 day simple moving average is C$11.89. The stock has a market cap of C$2.80 billion, a PE ratio of 28.44, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Stifel Nicolaus increased their price objective on shares of Hudbay Minerals from C$16.00 to C$16.50 and gave the company a “buy” rating in a research note on Thursday, January 30th. Royal Bank of Canada reduced their price target on shares of Hudbay Minerals from C$16.00 to C$15.00 and set an “outperform” rating on the stock in a research report on Thursday. National Bankshares reduced their price target on shares of Hudbay Minerals from C$17.00 to C$15.50 and set an “outperform” rating on the stock in a research report on Thursday. Scotiabank reduced their price target on shares of Hudbay Minerals from C$15.50 to C$14.00 and set an “outperform” rating on the stock in a research report on Thursday. Finally, 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. Thirteen research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$15.12.

About Hudbay Minerals

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.