Published: Fri, May 19, 2017
World | By Paul Elliott

Hudbay Minerals Inc (HBM) Insider Buys 23400 Shares of Stock


The counter witnessed a trading volume of 1.64 million shares versus an average volume of 0.85 million shares during last trading session.

The stock increased 2.03% or $0.15 on May 15, reaching $7.54. Blucora Inc now has $908.98 million valuation. The stock's market capitalization is 1.26B. About 523,068 shares traded. It has by 0.00% the S&P500.

Shares of Hudbay Minerals (TSE:HBM) opened at 7.75 on Thursday. Therefore 86% are positive. Hudbay Minerals Inc. (HBM) has made its way to a 12-month gain of 47.06%. $10.55's average target is 36.13% above currents $7.75 stock price.

HudBay Minerals, Inc. (HBM) performance during the last one year Improved 26.19 percent, while its year to date (YTD) performance showed a Negative trend of -7.02 percent. They issued a "neutral" rating for the company.

Hudbay Minerals Inc (NYSE:HBM) (TSE:HBM) was upgraded by analysts at ValuEngine from a "hold" rating to a "buy" rating in a research note issued to investors on Thursday. The firm earned "Outperform" rating on Tuesday, December 13 by Scotia Capital. The firm has "Buy" rating given on Thursday, November 3 by TD Securities.

Cibc Asset Management Inc decreased Hudbay Minerals Inc (HBM) stake by 74.67% reported in 2016Q4 SEC filing. The firm earned "Equal-Weight" rating on Thursday, June 23 by Barclays Capital. As per Friday, January 13, the company rating was upgraded by National Bank Canada.

Analysts have placed a $8.62 price target on Hudbay Minerals Inc., suggesting a 56.73% gain from recent close. The stock's market cap is $1.84 billion. The Company is engaged in the production of copper concentrate, consisting of copper, gold and silver, as well as zinc metal. The target implies a 163.15% spike from where the shares are now trading. The Company is focused on the discovery, production and marketing of base and precious metals. The Firm operates through the Wealth Management and Tax Preparation divisions. It has a 18.8 P/E ratio. Moreover, Ameriprise Financial Inc has 0% invested in the company for 12,879 shares. The investment community uses this figure to determine a company's size, as opposed to sales or total asset figures. The hedge fund had between 1-10 clients. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. The lowest target is $1.0 while the high is $2.25. The company now has an average volume of 733.65 Million. The rating was downgraded by Jefferies to "Hold" on Monday, February 6. As per Wednesday, April 19, the company rating was maintained by Credit Suisse. On Tuesday, February 16 the stock rating was maintained by Benchmark with "Buy". The stock has "Buy" rating by Benchmark on Monday, August 24.

10/24/2016 - HudBay Minerals Inc had its "buy" rating reiterated by analysts at Canaccord Genuity. The rating was maintained by Barrington Research with "Outperform" on Friday, October 28.

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