HudBay Minerals Inc (NYSE:HBM) to Release Quarterly Earnings on Thursday
HudBay Minerals Inc (NYSE:HBM) (TSE:HBM) is set to issue its quarterly earnings data after the market closes on Thursday, August 3rd. Analysts expect the company to announce earnings of $0.13 per share for the quarter.
Shares of HudBay Minerals Inc (HBM) traded down 2.188% during trading on Thursday, hitting $7.825. 279,146 shares of the stock were exchanged. HudBay Minerals Inc has a 12-month low of $3.57 and a 12-month high of $9.15. The stock’s market cap is $1.86 billion. The stock’s 50 day moving average is $5.89 and its 200-day moving average is $6.55.
A number of analysts have issued reports on the stock. Zacks Investment Research cut shares of HudBay Minerals from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 18th. BidaskClub upgraded shares of HudBay Minerals from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 13th. ValuEngine cut shares of HudBay Minerals from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Credit Suisse Group restated a “neutral” rating on shares of HudBay Minerals in a research note on Tuesday, April 18th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $8.06.
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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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