News stories about HudBay Minerals (NYSE:HBM) (TSE:HBM) have been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. HudBay Minerals earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news articles about the mining company an impact score of 47.2486728841114 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- National Bank Financial Comments on HudBay Minerals Inc’s Q2 2017 Earnings (NYSE:HBM) (americanbankingnews.com)
- Hudbay Minerals Inc. Ordinary S (NYSE:HBM) Stock Closed Much Higher Than Its 50 Day Average (highlightpress.com)
- Canada shares higher at close of trade; S&P/TSX Composite up 0.13% – Investing.com UK (uk.investing.com)
- Brokers Change Their Target Price On HudBay Minerals Inc (NYSE:HBM) – Newburgh Gazette (newburghgazette.com)
Several equities research analysts have issued reports on HBM shares. Zacks Investment Research cut shares of HudBay Minerals from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. ValuEngine cut shares of HudBay Minerals from a “buy” rating to a “hold” rating in a research report on Tuesday, June 6th. BidaskClub raised shares of HudBay Minerals from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 27th. Finally, Credit Suisse Group reissued a “neutral” rating on shares of HudBay Minerals in a research report on Tuesday, April 18th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $8.06.
HudBay Minerals (NYSE HBM) traded up 7.38% on Wednesday, hitting $8.00. 1,197,186 shares of the company traded hands. HudBay Minerals has a 12 month low of $3.57 and a 12 month high of $9.15. The stock’s 50-day moving average is $5.73 and its 200 day moving average is $6.54. The firm’s market capitalization is $1.90 billion.
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About HudBay Minerals
Hudbay Minerals Inc is a Canada-based mining company. The Company is engaged in the production of copper concentrate, consisting of copper, gold and silver, as well as zinc metal. The Company is focused on the discovery, production and marketing of base and precious metals. The Company has assets in North and South America.
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