Hudbay Minerals Inc (TSE:HBM) (NYSE:HBM) – Research analysts at National Bank Financial cut their FY2017 earnings per share (EPS) estimates for shares of Hudbay Minerals in a research report issued to clients and investors on Wednesday. National Bank Financial analyst S. Nagle now forecasts that the mining company will post earnings of $0.74 per share for the year, down from their prior estimate of $0.75. National Bank Financial currently has a “Sector Perform” rating on the stock. National Bank Financial also issued estimates for Hudbay Minerals’ FY2018 earnings at $1.09 EPS and FY2019 earnings at $1.40 EPS.
Hudbay Minerals (TSE:HBM) (NYSE:HBM) last issued its quarterly earnings results on Wednesday, November 1st. The mining company reported C$0.27 earnings per share for the quarter, beating the consensus estimate of C$0.25 by C$0.02. Hudbay Minerals had a return on equity of 8.55% and a net margin of 11.05%.
Shares of Hudbay Minerals (TSE HBM) opened at C$11.75 on Monday. The firm has a market capitalization of $3,070.00, a PE ratio of 130.56 and a beta of 2.78. Hudbay Minerals has a one year low of C$6.13 and a one year high of C$12.65.
In other Hudbay Minerals news, insider Gmt Capital Corp bought 6,700 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The stock was acquired at an average price of C$7.68 per share, with a total value of C$51,456.00.
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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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