Robert Alan Carter Sells 8,014 Shares of Hudbay Minerals Inc. (TSE:HBM) Stock

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) Senior Officer Robert Alan Carter sold 8,014 shares of the company’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of C$13.24, for a total value of C$106,105.36.

Hudbay Minerals Stock Performance

Shares of TSE HBM traded down C$0.73 during mid-day trading on Friday, hitting C$12.28. The company had a trading volume of 959,669 shares, compared to its average volume of 1,553,081. The stock has a market cap of C$4.83 billion, a price-to-earnings ratio of 35.16, a PEG ratio of 3.97 and a beta of 1.83. Hudbay Minerals Inc. has a 12 month low of C$6.72 and a 12 month high of C$14.33. The company has a debt-to-equity ratio of 49.37, a current ratio of 1.87 and a quick ratio of 0.85. The firm’s 50 day simple moving average is C$12.70 and its two-hundred day simple moving average is C$11.94.

Analyst Ratings Changes

Several research analysts recently commented on the company. National Bankshares boosted their price target on Hudbay Minerals from C$15.50 to C$16.75 and gave the stock an “outperform” rating in a research note on Tuesday, October 15th. Scotiabank boosted their price target on Hudbay Minerals from C$14.50 to C$15.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. Jefferies Financial Group boosted their price target on Hudbay Minerals from C$14.00 to C$15.00 in a research note on Friday, October 4th. Finally, Royal Bank of Canada cut their price target on Hudbay Minerals from C$18.00 to C$16.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 10th. Twelve equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Hudbay Minerals currently has a consensus rating of “Buy” and a consensus target price of C$15.54.

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.