Hudbay Minerals Inc. (TSE:HBM) Senior Officer Mark Zachary Gupta Purchases 1,000 Shares of Stock

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) Senior Officer Mark Zachary Gupta acquired 1,000 shares of the stock in a transaction on Friday, February 21st. The shares were bought at an average price of C$10.40 per share, with a total value of C$10,400.00.

Hudbay Minerals Stock Performance

Shares of HBM opened at C$10.10 on Monday. The business has a fifty day moving average of C$12.22 and a 200 day moving average of C$11.89. Hudbay Minerals Inc. has a one year low of C$7.07 and a one year high of C$14.33. The company has a debt-to-equity ratio of 46.39, a current ratio of 1.86 and a quick ratio of 0.85. The firm has a market capitalization of C$2.80 billion, a P/E ratio of 28.44, a PEG ratio of 3.97 and a beta of 1.83.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. TD Securities decreased their price target on Hudbay Minerals from C$15.00 to C$14.00 and set a “buy” rating for the company in a research note on Thursday. Canaccord Genuity Group decreased their price target on Hudbay Minerals from C$15.50 to C$14.00 and set a “buy” rating for the company in a research note on Thursday. National Bankshares decreased their price target on Hudbay Minerals from C$17.00 to C$15.50 and set an “outperform” rating for the company in a research note on Thursday. Stifel Nicolaus boosted their price target on Hudbay Minerals from C$16.00 to C$16.50 and gave the stock a “buy” rating in a research note on Thursday, January 30th. Finally, Royal Bank of Canada decreased their price target on Hudbay Minerals from C$16.00 to C$15.00 and set an “outperform” rating for the company in a research note on Thursday. Thirteen investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target 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.