Hudbay Minerals Inc. (TSE:HBM) Senior Officer Eugene Chi-Yen Lei Acquires 1,500 Shares

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) Senior Officer Eugene Chi-Yen Lei purchased 1,500 shares of the stock in a transaction on Thursday, March 27th. The shares were acquired at an average price of C$11.30 per share, for a total transaction of C$16,950.00.

Hudbay Minerals Stock Performance

TSE:HBM opened at C$10.99 on Monday. The company’s 50-day moving average is C$11.58 and its two-hundred day moving average is C$11.95. Hudbay Minerals Inc. has a 1-year low of C$9.08 and a 1-year high of C$14.33. The company has a debt-to-equity ratio of 46.39, a current ratio of 1.86 and a quick ratio of 0.85. The firm has a market capitalization of C$3.05 billion, a price-to-earnings ratio of 30.95, a PEG ratio of 3.97 and a beta of 1.83.

Hudbay Minerals Dividend Announcement

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

Analyst Ratings Changes

A number of research firms recently issued reports on HBM. National Bankshares dropped 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 note on Thursday, February 20th. Stifel Canada upgraded shares of Hudbay Minerals to a “strong-buy” rating in a research report on Wednesday, March 19th. Royal Bank of Canada upped their price target on shares of Hudbay Minerals from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a research report on Thursday, March 13th. Canaccord Genuity Group lowered their price objective on Hudbay Minerals from C$15.50 to C$14.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. Finally, Scotiabank reduced their target price on Hudbay Minerals from C$14.00 to C$13.50 and set an “outperform” rating for the company in a report on Friday. Thirteen research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Hudbay Minerals presently has a consensus rating of “Buy” and an average target price of C$15.15.

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.