Hudbay Minerals (HBM) Projected to Post Quarterly Earnings on Wednesday

Hudbay Minerals (NYSE:HBM) (TSE:HBM) is expected to announce its earnings results before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $588.28 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Hudbay Minerals Stock Performance

NYSE HBM opened at $9.14 on Monday. The stock’s fifty day moving average is $8.61 and its two-hundred day moving average is $8.52. The firm has a market capitalization of $3.61 billion, a P/E ratio of 39.72 and a beta of 1.74. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.47 and a current ratio of 1.86. Hudbay Minerals has a fifty-two week low of $5.22 and a fifty-two week high of $10.49.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Hudbay Minerals from a “hold” rating to a “buy” rating in a research note on Friday, February 7th. Five analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $11.17.

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.