Hudbay Minerals Inc. (TSE:HBM) Senior Officer Sells C$106,105.36 in Stock

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) Senior Officer Robert Alan Carter sold 8,014 shares of the stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of C$13.24, for a total value of C$106,105.36.

Hudbay Minerals Price Performance

The firm has a market cap of C$4.86 billion, a price-to-earnings ratio of 33.19, a P/E/G ratio of 3.97 and a beta of 1.83. The business’s fifty day moving average is C$12.70 and its two-hundred day moving average is C$11.94. The company has a debt-to-equity ratio of 49.37, a quick ratio of 0.85 and a current ratio of 1.87. Hudbay Minerals Inc. has a fifty-two week low of C$6.72 and a fifty-two week high of C$14.33.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Jefferies Financial Group upped their price objective on shares of Hudbay Minerals from C$14.00 to C$15.00 in a research note on Friday, October 4th. Scotiabank increased their price target on Hudbay Minerals from C$14.50 to C$15.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. National Bankshares lifted their price objective on 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. Finally, Royal Bank of Canada dropped their target price on Hudbay Minerals from C$18.00 to C$16.00 and set an “outperform” rating for the company in a research note on Tuesday, September 10th. Twelve investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Hudbay Minerals presently has a consensus rating of “Buy” and a consensus price target of C$15.54.

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.