HudBay Minerals Inc. (TSE:HBM) – Equities research analysts at Raymond James Financial reduced their Q3 2017 earnings per share estimates for HudBay Minerals in a research report issued on Thursday. Raymond James Financial analyst A. Terentiew now expects that the firm will post earnings per share of $0.13 for the quarter, down from their prior estimate of $0.16. Raymond James Financial also issued estimates for HudBay Minerals’ Q4 2017 earnings at $0.16 EPS.
HBM has been the subject of several other reports. Scotiabank dropped their target price on shares of HudBay Minerals from C$8.00 to C$7.50 and set an “outperform” rating for the company in a report on Monday, September 19th. BMO Capital Markets dropped their target price on shares of HudBay Minerals from C$7.50 to C$6.50 and set an “outperform” rating for the company in a report on Thursday, September 29th. National Bank Financial raised their target price on shares of HudBay Minerals from C$5.75 to C$8.75 in a report on Monday, July 18th. CIBC raised their target price on shares of HudBay Minerals from C$6.50 to C$7.50 in a report on Thursday, July 28th. Finally, Barclays PLC restated an “underweight” rating on shares of HudBay Minerals in a report on Tuesday, August 2nd. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of C$7.88.
HudBay Minerals (TSE:HBM) traded down 0.60% during trading on Friday, reaching $5.01. 1,640,185 shares of the company’s stock traded hands. The firm has a 50 day moving average of $5.12 and a 200 day moving average of $5.58. HudBay Minerals has a 1-year low of $2.26 and a 1-year high of $7.25. The firm’s market capitalization is $1.18 billion.
The firm also recently declared a dividend, which was paid on Friday, September 30th. Shareholders of record on Friday, September 30th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Wednesday, September 7th. This represents a yield of 0.18%.
HudBay Minerals Company Profile
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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