Hudbay Minerals Inc. (TSE:HBM) Director Buys C$100,068.00 in Stock

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) Director Peter Gerald Jan Kukielski bought 9,300 shares of the firm’s stock in a transaction on Friday, February 21st. The stock was purchased at an average cost of C$10.76 per share, with a total value of C$100,068.00.

Hudbay Minerals Price Performance

Hudbay Minerals stock opened at C$10.17 on Wednesday. Hudbay Minerals Inc. has a 52 week low of C$7.37 and a 52 week high of C$14.33. The business has a 50-day simple moving average of C$12.14 and a 200 day simple moving average of C$11.88. The company has a quick ratio of 0.85, a current ratio of 1.86 and a debt-to-equity ratio of 46.39. The stock has a market cap of C$2.82 billion, a price-to-earnings ratio of 28.64, a PEG ratio of 3.97 and a beta of 1.83.

Analyst Ratings Changes

A number of research firms have issued reports on HBM. Scotiabank decreased their target price on Hudbay Minerals from C$15.50 to C$14.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Stifel Nicolaus raised their target price on Hudbay Minerals from C$16.00 to C$16.50 and gave the stock a “buy” rating in a research report on Thursday, January 30th. TD Securities reduced their price target on Hudbay Minerals from C$15.00 to C$14.00 and set a “buy” rating for the company in a research report on Thursday, February 20th. Royal Bank of Canada reduced their price target on Hudbay Minerals from C$16.00 to C$15.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Finally, National Bankshares reduced their price target on Hudbay Minerals from C$17.00 to C$15.50 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Thirteen equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Hudbay Minerals presently has a consensus rating of “Buy” and an average price target of C$15.12.

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.