Hudbay Minerals Inc. (HBM) Insider Purchases C$22,351.00 in Stock

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) insider Gmt Capital Corp purchased 3,100 shares of Hudbay Minerals stock in a transaction dated Tuesday, December 5th. The stock was acquired at an average price of C$7.21 per share, with a total value of C$22,351.00.

Gmt Capital Corp also recently made the following trade(s):

  • On Monday, November 20th, Gmt Capital Corp purchased 6,700 shares of Hudbay Minerals stock. The stock was acquired at an average price of C$7.68 per share, with a total value of C$51,456.00.
  • On Monday, September 18th, Gmt Capital Corp purchased 5,900 shares of Hudbay Minerals stock. The stock was acquired at an average price of C$7.60 per share, with a total value of C$44,840.00.
  • On Thursday, September 14th, Gmt Capital Corp purchased 17,700 shares of Hudbay Minerals stock. The stock was acquired at an average price of C$7.53 per share, with a total value of C$133,281.00.
  • On Friday, September 15th, Gmt Capital Corp purchased 21,900 shares of Hudbay Minerals stock. The stock was acquired at an average price of C$7.52 per share, with a total value of C$164,688.00.

Hudbay Minerals Inc. (TSE HBM) traded up C$0.21 during trading hours on Friday, reaching C$9.87. 2,867,411 shares of the company’s stock traded hands, compared to its average volume of 1,970,836. Hudbay Minerals Inc. has a 12 month low of C$6.13 and a 12 month high of C$11.95.

Several research firms have recently commented on HBM. National Bank Financial lowered shares of Hudbay Minerals from an “outperform” rating to a “sector perform” rating and boosted their price target for the company from C$11.25 to C$13.00 in a report on Wednesday, October 18th. CIBC restated an “outperform” rating and issued a C$13.00 price target on shares of Hudbay Minerals in a report on Tuesday, October 10th. Scotiabank restated a “focus stock” rating and issued a C$12.50 price target on shares of Hudbay Minerals in a report on Thursday, November 2nd. BMO Capital Markets boosted their price target on shares of Hudbay Minerals from C$10.50 to C$10.75 and gave the company a “market perform” rating in a report on Monday, October 2nd. Finally, TD Securities cut their price objective on shares of Hudbay Minerals from C$13.00 to C$12.50 and set an “action list buy” rating on the stock in a research report on Monday, October 2nd. Four equities research analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the company’s stock. Hudbay Minerals currently has an average rating of “Buy” and an average price target of C$12.09.

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Hudbay Minerals Company Profile

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.

Insider Buying and Selling by Quarter for Hudbay Minerals (TSE:HBM)

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