Hudbay Minerals Inc. (TSE:HBM) Receives C$15.54 Average PT from Analysts

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) has been given a consensus rating of “Buy” by the fourteen ratings firms that are covering the firm, MarketBeat Ratings reports. Twelve analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$15.54.

Several equities research analysts recently commented on the stock. Royal Bank of Canada decreased their price objective on shares of Hudbay Minerals from C$18.00 to C$16.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 10th. National Bankshares increased their price target on shares of Hudbay Minerals from C$15.50 to C$16.75 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. Jefferies Financial Group lifted their price objective on Hudbay Minerals from C$14.00 to C$15.00 in a research report on Friday, October 4th. Finally, Scotiabank increased their target price on Hudbay Minerals from C$14.50 to C$15.00 and gave the company an “outperform” rating in a report on Tuesday, October 8th.

Hudbay Minerals Stock Performance

The business’s 50-day moving average price is C$12.06 and its two-hundred day moving average price is C$11.91. 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 firm has a market capitalization of C$5.01 billion, a PE ratio of 33.65, a PEG ratio of 3.97 and a beta of 1.83. Hudbay Minerals has a 1-year low of C$5.91 and a 1-year high of C$14.33.

Hudbay Minerals Announces Dividend

The business also recently declared a 1 dividend, which was paid on Tuesday, September 3rd. Investors of record on Friday, September 20th were given a dividend of $0.02 per share. This represents a yield of 0.09%. The ex-dividend date was Friday, September 20th. Hudbay Minerals’s dividend payout ratio (DPR) is 5.41%.

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.