HudBay Minerals Inc. Stock Is Crashing Now


The stock of HudBay Minerals Inc. (TSE:HBM) is a huge mover today! About 993,146 shares traded hands. HudBay Minerals Inc. (TSE:HBM) has risen 69.18% since February 5, 2016 and is uptrending. It has outperformed by 52.69% the S&P500.
The move comes after 5 months negative chart setup for the $1.15B company. It was reported on Sep, 13 by We have $4.46 PT which if reached, will make TSE:HBM worth $103.50 million less.

Out of 8 analysts covering Hudbay Minerals Inc (TSE:HBM), 6 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 75% are positive. $12 is the highest target while $4.25 is the lowest. The $8.27 average target is 68.78% above today’s ($4.9) stock price. Hudbay Minerals Inc has been the topic of 27 analyst reports since September 21, 2015 according to StockzIntelligence Inc.

HudBay Minerals Inc. is a Canada-based mining company. The company has a market cap of $1.15 billion. The Firm is engaged in the production of copper concentrate, consisting of copper, gold and silver, as well as zinc metal. It currently has negative earnings. The Firm is focused on the discovery, production and marketing of base and precious metals.

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