Hudbay Minerals Inc. (TSE:HBM) Senior Officer Francisco Javier Del Rio Del Aguila Sells 12,959 Shares

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) Senior Officer Francisco Javier Del Rio Del Aguila sold 12,959 shares of Hudbay Minerals stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of C$12.00, for a total transaction of C$155,508.00.

Hudbay Minerals Trading Up 1.5 %

Shares of HBM opened at C$11.85 on Tuesday. The company has a quick ratio of 0.85, a current ratio of 1.86 and a debt-to-equity ratio of 46.39. The stock has a market capitalization of C$3.29 billion, a P/E ratio of 33.37, a PEG ratio of 3.97 and a beta of 1.83. Hudbay Minerals Inc. has a twelve month low of C$9.08 and a twelve month high of C$14.33. The firm has a fifty day simple moving average of C$11.66 and a two-hundred day simple moving average of C$11.92.

Hudbay Minerals Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 21st were given a dividend of $0.01 per share. The ex-dividend date was Tuesday, March 4th. This represents a yield of 0.1%. Hudbay Minerals’s payout ratio is 5.63%.

Wall Street Analyst Weigh In

HBM has been the topic of several analyst reports. National Bankshares cut their price target on shares of Hudbay Minerals from C$17.00 to C$15.50 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. Stifel Nicolaus raised their price objective on Hudbay Minerals from C$16.00 to C$16.50 and gave the company a “buy” rating in a research note on Thursday, January 30th. Stifel Canada upgraded Hudbay Minerals to a “strong-buy” rating in a research report on Wednesday, March 19th. Canaccord Genuity Group cut their target price on shares of Hudbay Minerals from C$15.50 to C$14.00 and set a “buy” rating on the stock in a research report on Thursday, February 20th. Finally, Scotiabank reduced their price target on Hudbay Minerals from C$15.50 to C$14.00 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. Thirteen investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Hudbay Minerals has a consensus rating of “Buy” and a consensus price target of C$15.18.

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.