Hudbay Minerals Inc. (TSE:HBM) Senior Officer Robert Alan Carter Sells 8,014 Shares

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) Senior Officer Robert Alan Carter sold 8,014 shares of Hudbay Minerals stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of C$13.24, for a total transaction of C$106,105.36.

Hudbay Minerals Price Performance

The firm has a market capitalization of C$4.86 billion, a P/E ratio of 33.19, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83. Hudbay Minerals Inc. has a 1-year low of C$6.72 and a 1-year high of C$14.33. The firm has a fifty day moving average of C$12.70 and a two-hundred day moving average of C$11.94. The company has a quick ratio of 0.85, a current ratio of 1.87 and a debt-to-equity ratio of 49.37.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Royal Bank of Canada reduced their target price on Hudbay Minerals from C$18.00 to C$16.00 and set an “outperform” rating on the stock in a report on Tuesday, September 10th. Jefferies Financial Group lifted their target price on Hudbay Minerals from C$14.00 to C$15.00 in a research report on Friday, October 4th. National Bankshares increased their target price on shares of Hudbay Minerals from C$15.50 to C$16.75 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. Finally, Scotiabank lifted their price target on shares of Hudbay Minerals from C$14.50 to C$15.00 and gave the company an “outperform” rating in a report on Tuesday, October 8th. Twelve analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of C$15.54.

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.