Foundry Partners LLC Has $4.97 Million Holdings in Hudbay Minerals Inc. (NYSE:HBM)

Foundry Partners LLC raised its position in shares of Hudbay Minerals Inc. (NYSE:HBMFree Report) (TSE:HBM) by 7.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,020,904 shares of the mining company’s stock after acquiring an additional 72,479 shares during the period. Foundry Partners LLC owned approximately 0.29% of Hudbay Minerals worth $4,972,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Creative Planning lifted its stake in shares of Hudbay Minerals by 37.6% in the 2nd quarter. Creative Planning now owns 29,566 shares of the mining company’s stock valued at $142,000 after acquiring an additional 8,078 shares during the last quarter. Cumberland Partners Ltd raised its position in Hudbay Minerals by 31.3% during the 3rd quarter. Cumberland Partners Ltd now owns 685,100 shares of the mining company’s stock worth $3,348,000 after purchasing an additional 163,500 shares during the last quarter. Van ECK Associates Corp raised its position in Hudbay Minerals by 40.2% during the 2nd quarter. Van ECK Associates Corp now owns 167,106 shares of the mining company’s stock worth $801,000 after purchasing an additional 47,921 shares during the last quarter. Bank of Montreal Can bought a new position in Hudbay Minerals during the 2nd quarter worth $15,024,000. Finally, Jennison Associates LLC raised its position in Hudbay Minerals by 18.5% during the 3rd quarter. Jennison Associates LLC now owns 1,324,367 shares of the mining company’s stock worth $6,451,000 after purchasing an additional 206,601 shares during the last quarter. Institutional investors own 60.26% of the company’s stock.

Hudbay Minerals Stock Up 1.6 %

Shares of NYSE:HBM opened at $5.22 on Tuesday. The firm has a market cap of $1.83 billion, a P/E ratio of 174.06, a P/E/G ratio of 0.28 and a beta of 1.95. The company has a quick ratio of 0.78, a current ratio of 1.26 and a debt-to-equity ratio of 0.67. Hudbay Minerals Inc. has a 12-month low of $3.94 and a 12-month high of $6.01. The business has a fifty day simple moving average of $5.36 and a 200 day simple moving average of $4.96.

Hudbay Minerals Company Profile

(Free Report)

Hudbay Minerals Inc, a diversified mining company, together with its subsidiaries, focuses on the exploration, development, operation, and optimization of properties in North and South America. It produces copper concentrates containing copper, gold, and silver; zinc concentrates; zinc metal; and gold and silver doré and molybdenum concentrates.

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Institutional Ownership by Quarter for Hudbay Minerals (NYSE:HBM)

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