The stock of HudBay Minerals Inc. (TSE:HBM) is a huge mover today! About 436,166 shares traded hands. HudBay Minerals Inc. (TSE:HBM) has risen 60.36% since April 26, 2016 and is uptrending. It has outperformed by 55.13% the S&P500.
The move comes after 8 months positive chart setup for the $2.10B company. It was reported on Nov, 30 by Barchart.com. We have $9.42 PT which if reached, will make TSE:HBM worth $63.00M more.
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. $12 is the highest target while $4.25 is the lowest. The $8.70 average target is -4.92% below today’s ($9.15) stock price. Hudbay Minerals Inc has been the topic of 42 analyst reports since July 22, 2015 according to StockzIntelligence Inc. On Tuesday, October 25 the stock rating was maintained by RBC Capital Markets with “Outperform”. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, November 22. The stock of HudBay Minerals Inc. (TSE:HBM) earned “Buy” rating by TD Securities on Thursday, November 3. As per Friday, July 29, the company rating was maintained by Scotia Capital. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, April 29. The company was maintained on Thursday, November 3 by RBC Capital Markets. Scotia Capital maintained HudBay Minerals Inc. (TSE:HBM) on Thursday, November 3 with “Outperform” rating. RBC Capital Markets upgraded it to “Outperform” rating and $7.50 target price in Monday, May 16 report. The stock of HudBay Minerals Inc. (TSE:HBM) has “Sector Perform” rating given on Monday, December 14 by RBC Capital Markets. The stock of HudBay Minerals Inc. (TSE:HBM) earned “Sector Perform” rating by RBC Capital Markets on Thursday, January 14.
More news for HudBay Minerals Inc. (TSE:HBM) were recently published by: Juniorminingnetwork.com, which released: “Hudbay Minerals Announces Offering of US$1.0 Billion Aggregate Principal …” on November 28, 2016. Business.Financialpost.com‘s article titled: “HudBay Minerals Inc upgraded at RBC” and published on May 16, 2016 is yet another important article.
HudBay Minerals Inc. is a Canada-based mining company. The company has a market cap of $2.10 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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