The stock of HudBay Minerals Inc. (TSE:HBM) is a huge mover today! About 412,754 shares traded hands. HudBay Minerals Inc. (TSE:HBM) has risen 86.44% since April 21, 2016 and is uptrending. It has outperformed by 81.03% the S&P500.
The move comes after 6 months negative chart setup for the $2.26B company. It was reported on Nov, 25 by Barchart.com. We have $8.71 PT which if reached, will make TSE:HBM worth $158.20M less.
HudBay Minerals Inc. (TSE:HBM) Ratings Coverage
Out of 7 analysts covering Hudbay Minerals Inc (TSE:HBM), 6 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 86% are positive. Hudbay Minerals Inc has been the topic of 42 analyst reports since July 22, 2015 according to StockzIntelligence Inc. TD Securities upgraded the stock to “Buy” rating in Thursday, November 3 report. The firm earned “Outperform” rating on Thursday, November 3 by Scotia Capital. The firm earned “Outperform” rating on Thursday, November 3 by RBC Capital Markets. On Monday, December 14 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. As per Friday, July 29, the company rating was maintained by Scotia Capital. As per Monday, May 16, the company rating was upgraded by RBC Capital Markets. The firm has “Sector Perform” rating given on Thursday, January 14 by RBC Capital Markets. The stock has “Sector Perform” rating given by RBC Capital Markets on Friday, April 29. RBC Capital Markets maintained HudBay Minerals Inc. (TSE:HBM) on Tuesday, October 25 with “Outperform” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, November 22.
Another recent and important HudBay Minerals Inc. (TSE:HBM) news was published by Business.Financialpost.com which published an article titled: “HudBay Minerals Inc upgraded at RBC” on May 16, 2016.
HudBay Minerals Inc. is a Canada-based mining company. The company has a market cap of $2.26 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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