Hudbay Minerals Inc. (HBM) To Go Ex-Dividend on March 4th

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) declared a dividend on Tuesday, March 4th, TickerTech Dividends reports. Shareholders of record on Friday, March 21st will be paid a dividend of 0.01 per share by the mining company on Friday, March 21st. This represents a yield of 0.1%. The ex-dividend date of this dividend is Tuesday, March 4th.

Hudbay Minerals Trading Up 0.9 %

TSE:HBM opened at C$10.27 on Friday. The stock has a fifty day moving average price of C$12.07 and a 200 day moving average price of C$11.87. 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 has a 12-month low of C$7.87 and a 12-month high of C$14.33. The firm has a market cap of C$2.85 billion, a PE ratio of 28.92, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83.

Analyst Ratings Changes

HBM has been the subject of a number of analyst reports. Royal Bank of Canada lowered their price objective on Hudbay Minerals from C$16.00 to C$15.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Canaccord Genuity Group lowered their price target 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, February 20th. Scotiabank dropped their price objective on shares of 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. National Bankshares decreased their price objective on shares of Hudbay Minerals from C$17.00 to C$15.50 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Finally, TD Securities dropped their target price on Hudbay Minerals from C$15.00 to C$14.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. Thirteen equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$15.12.

Insider Transactions at Hudbay Minerals

In other Hudbay Minerals news, Director Peter Gerald Jan Kukielski bought 9,300 shares of the firm’s stock in a transaction dated Friday, February 21st. The stock was acquired at an average price of C$10.76 per share, for a total transaction of C$100,068.00. Also, Senior Officer Robert Alan Carter sold 8,014 shares of the business’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of C$13.24, for a total value of C$106,105.36. Insiders own 0.07% of the company’s stock.

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.