Hudbay Minerals (TSE:HBM – Get Free Report) (NYSE:HBM) is set to release its earnings data before the market opens on Tuesday, August 13th. Analysts expect Hudbay Minerals to post earnings of C$0.14 per share for the quarter.
Hudbay Minerals (TSE:HBM – Get Free Report) (NYSE:HBM) last announced its quarterly earnings results on Tuesday, May 14th. The mining company reported C$0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.04 by C$0.18. Hudbay Minerals had a return on equity of 4.36% and a net margin of 4.34%. The company had revenue of C$707.76 million during the quarter, compared to the consensus estimate of C$635.57 million.
Hudbay Minerals Trading Up 1.3 %
TSE:HBM opened at C$9.97 on Monday. The company has a debt-to-equity ratio of 62.72, a current ratio of 1.40 and a quick ratio of 0.85. The business’s 50-day simple moving average is C$11.86 and its 200-day simple moving average is C$10.56. Hudbay Minerals has a fifty-two week low of C$5.46 and a fifty-two week high of C$14.33. The stock has a market capitalization of C$3.92 billion, a PE ratio of 30.21, a price-to-earnings-growth ratio of 3.97 and a beta of 1.96.
Insider Activity
Analysts Set New Price Targets
HBM has been the topic of a number of research reports. Scotiabank lifted their price target on shares of Hudbay Minerals from C$15.00 to C$17.00 in a research note on Thursday, May 30th. TD Securities increased their target price on Hudbay Minerals from C$14.00 to C$16.00 and gave the stock a “buy” rating in a report on Wednesday, May 15th. Raymond James lifted their price target on Hudbay Minerals from C$11.50 to C$14.00 in a research note on Wednesday, April 24th. BMO Capital Markets increased their target price on shares of Hudbay Minerals from C$15.00 to C$17.00 and gave the stock an “outperform” rating in a report on Tuesday, May 21st. Finally, Jefferies Financial Group raised their target price on shares of Hudbay Minerals from C$13.00 to C$14.00 in a research note on Friday, July 12th. One research analyst has rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$14.73.
View Our Latest Stock Analysis on HBM
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.
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