Hudbay Minerals Inc. (TSE:HBM) Director Peter Gerald Jan Kukielski Purchases 9,300 Shares

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) Director Peter Gerald Jan Kukielski purchased 9,300 shares of the stock in a transaction dated Friday, February 21st. The shares were purchased at an average price of C$10.76 per share, with a total value of C$100,068.00.

Hudbay Minerals Trading Down 6.3 %

HBM traded down C$0.68 during trading on Friday, hitting C$10.10. 3,178,308 shares of the company’s stock were exchanged, compared to its average volume of 1,660,290. The company has a current ratio of 1.86, a quick ratio of 0.85 and a debt-to-equity ratio of 46.39. Hudbay Minerals Inc. has a 1 year low of C$7.07 and a 1 year high of C$14.33. The stock has a 50 day moving average price of C$12.22 and a 200 day moving average price of C$11.89. The firm has a market cap of C$2.80 billion, a P/E ratio of 28.44, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. TD Securities lowered their price target on shares of Hudbay Minerals from C$15.00 to C$14.00 and set a “buy” rating for the company in a report on Thursday. National Bankshares lowered their price target on shares of Hudbay Minerals from C$17.00 to C$15.50 and set an “outperform” rating for the company in a report on Thursday. Scotiabank lowered their target price on shares of Hudbay Minerals from C$15.50 to C$14.00 and set an “outperform” rating for the company in a report on Thursday. Royal Bank of Canada lowered their target price on shares of Hudbay Minerals from C$16.00 to C$15.00 and set an “outperform” rating for the company in a report on Thursday. Finally, Canaccord Genuity Group lowered their target price on shares of Hudbay Minerals from C$15.50 to C$14.00 and set a “buy” rating for the company in a report on Thursday. Thirteen equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price 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.