Media headlines about HudBay Minerals (NYSE:HBM) (TSE:HBM) have trended somewhat positive on Thursday, according to Accern. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. HudBay Minerals earned a news impact score of 0.12 on Accern’s scale. Accern also gave media coverage about the mining company an impact score of 46.7605776187281 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Several brokerages have recently commented on HBM. Zacks Investment Research raised HudBay Minerals from a “sell” rating to a “hold” rating in a report on Thursday, August 10th. TheStreet raised HudBay Minerals from a “d+” rating to a “c-” rating in a report on Monday, August 14th. BMO Capital Markets upped their target price on shares of HudBay Minerals from $10.50 to $10.75 and gave the company a “market perform” rating in a research report on Monday, October 2nd. ValuEngine upgraded shares of HudBay Minerals from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Finally, Raymond James Financial reiterated an “outperform” rating on shares of HudBay Minerals in a research report on Tuesday, August 15th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. HudBay Minerals presently has a consensus rating of “Hold” and an average price target of $10.06.
HudBay Minerals (NYSE:HBM) traded down $0.05 during mid-day trading on Thursday, reaching $6.95. The company’s stock had a trading volume of 640,801 shares, compared to its average volume of 701,186. HudBay Minerals has a 52-week low of $4.60 and a 52-week high of $9.35. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.33 and a current ratio of 1.74. The company has a market cap of $1,894.22, a PE ratio of 19.08 and a beta of 3.17.
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About HudBay Minerals
Hudbay Minerals Inc is a Canada-based mining company. The Company is engaged in the production of copper concentrate, consisting of copper, gold and silver, as well as zinc metal. The Company is focused on the discovery, production and marketing of base and precious metals. The Company has assets in North and South America.
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