Peter Gerald Jan Kukielski Acquires 9,300 Shares of Hudbay Minerals Inc. (TSE:HBM) Stock

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

Hudbay Minerals Price Performance

TSE HBM opened at C$10.33 on Tuesday. The business’s fifty day moving average is C$12.18 and its 200 day moving average is C$11.89. Hudbay Minerals Inc. has a fifty-two week low of C$7.37 and a fifty-two week high of C$14.33. The company has a debt-to-equity ratio of 46.39, a quick ratio of 0.85 and a current ratio of 1.86. The company has a market capitalization of C$2.87 billion, a PE ratio of 29.09, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83.

Wall Street Analyst Weigh In

HBM has been the subject of a number of research analyst reports. Canaccord Genuity Group reduced their target price on 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. Stifel Nicolaus lifted their price objective on Hudbay Minerals from C$16.00 to C$16.50 and gave the stock a “buy” rating in a report on Thursday, January 30th. National Bankshares lowered their target price on shares of Hudbay Minerals from C$17.00 to C$15.50 and set an “outperform” rating on the stock in a research note on Thursday, February 20th. Scotiabank reduced their price target on shares of Hudbay Minerals from C$15.50 to C$14.00 and set an “outperform” rating for the company in a research note on Thursday, February 20th. Finally, Royal Bank of Canada lowered their price objective on shares of Hudbay Minerals from C$16.00 to C$15.00 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. Thirteen analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target 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.