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

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

Hudbay Minerals Stock Performance

HBM stock traded down C$0.68 during midday trading on Friday, hitting C$10.10. The stock had a trading volume of 3,178,308 shares, compared to its average volume of 1,660,290. The firm has a market capitalization of C$2.80 billion, a price-to-earnings ratio of 28.44, a P/E/G ratio of 3.97 and a beta of 1.83. Hudbay Minerals Inc. has a 52 week low of C$7.07 and a 52 week high of C$14.33. The stock has a 50-day simple moving average of C$12.22 and a 200 day simple moving average of C$11.89. The company has a current ratio of 1.86, a quick ratio of 0.85 and a debt-to-equity ratio of 46.39.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. TD Securities decreased their target price on shares of Hudbay Minerals from C$15.00 to C$14.00 and set a “buy” rating for the company in a research report on Thursday. Royal Bank of Canada reduced their price objective on shares of Hudbay Minerals from C$16.00 to C$15.00 and set an “outperform” rating for the company in a research report on Thursday. Stifel Nicolaus raised their price objective on shares of Hudbay Minerals from C$16.00 to C$16.50 and gave the company a “buy” rating in a research report on Thursday, January 30th. National Bankshares reduced 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. Finally, Canaccord Genuity Group reduced their price objective on shares of Hudbay Minerals from C$15.50 to C$14.00 and set a “buy” rating for the company in a research report on Thursday. Thirteen equities 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 has a consensus rating of “Buy” and a consensus 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.