Hudbay Minerals Inc (HBM) Insider Gmt Capital Corp Acquires 17,000 Shares

Hudbay Minerals Inc (TSE:HBM) (NYSE:HBM) insider Gmt Capital Corp bought 17,000 shares of the business’s stock in a transaction on Monday, December 3rd. The shares were acquired at an average price of C$5.42 per share, for a total transaction of C$92,140.00.

Gmt Capital Corp also recently made the following trade(s):

  • On Thursday, November 1st, Gmt Capital Corp purchased 24,400 shares of Hudbay Minerals stock. The stock was purchased at an average price of C$4.63 per share, for a total transaction of C$112,972.00.
  • On Friday, October 12th, Gmt Capital Corp purchased 2,400 shares of Hudbay Minerals stock. The stock was purchased at an average price of C$4.69 per share, for a total transaction of C$11,256.00.
  • On Tuesday, October 9th, Gmt Capital Corp purchased 14,800 shares of Hudbay Minerals stock. The stock was purchased at an average price of C$4.72 per share, for a total transaction of C$69,856.00.
  • On Monday, October 1st, Gmt Capital Corp sold 3,200 shares of Hudbay Minerals stock. The stock was sold at an average price of C$5.13, for a total value of C$16,416.00.

Shares of Hudbay Minerals stock opened at C$6.99 on Thursday. Hudbay Minerals Inc has a one year low of C$4.51 and a one year high of C$12.65. The company has a quick ratio of 1.93, a current ratio of 2.44 and a debt-to-equity ratio of 48.06.

Hudbay Minerals (TSE:HBM) (NYSE:HBM) last announced its earnings results on Wednesday, October 31st. The mining company reported C$0.11 EPS for the quarter, topping the Zacks’ consensus estimate of C$0.02 by C$0.09. The company had revenue of C$473.95 million during the quarter, compared to the consensus estimate of C$417.30 million. On average, equities analysts predict that Hudbay Minerals Inc will post 0.360995874588938 earnings per share for the current fiscal year.

A number of equities analysts have recently issued reports on HBM shares. CIBC dropped their price target on Hudbay Minerals from C$12.00 to C$10.00 in a research note on Friday, August 31st. Raymond James set a C$9.00 target price on Hudbay Minerals in a report on Friday, October 5th. CSFB reaffirmed a “neutral” rating and issued a C$8.50 target price on shares of Hudbay Minerals in a report on Monday, September 10th. Finally, Royal Bank of Canada decreased their target price on Hudbay Minerals from C$13.00 to C$11.00 and set an “outperform” rating on the stock in a report on Monday, August 13th. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Hudbay Minerals presently has a consensus rating of “Buy” and a consensus target price of C$10.80.

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Hudbay Minerals Company Profile

Hudbay Minerals Inc, an integrated mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America. It produces copper concentrates containing copper, gold, and silver; and zinc metal. The company owns four polymetallic mines, four ore concentrators, and a zinc production facility in northern Manitoba and Saskatchewan, Canada, as well as in Cusco, Peru; and a copper project in Arizona, the United States.

See Also: Intrinsic Value

Insider Buying and Selling by Quarter for Hudbay Minerals (TSE:HBM)

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