Gmt Capital Corp Sells 63,600 Shares of Hudbay Minerals Inc (HBM) Stock

Hudbay Minerals Inc (TSE:HBM) (NYSE:HBM) insider Gmt Capital Corp sold 63,600 shares of the company’s stock in a transaction dated Monday, May 14th. The stock was sold at an average price of C$7.41, for a total value of C$471,276.00.

Gmt Capital Corp also recently made the following trade(s):

  • On Friday, April 13th, Gmt Capital Corp sold 5,700 shares of Hudbay Minerals stock. The stock was sold at an average price of C$7.19, for a total value of C$40,983.00.
  • On Monday, April 2nd, Gmt Capital Corp sold 2,100 shares of Hudbay Minerals stock. The stock was sold at an average price of C$6.99, for a total value of C$14,679.00.
  • On Monday, March 26th, Gmt Capital Corp sold 5,300 shares of Hudbay Minerals stock. The stock was sold at an average price of C$7.14, for a total value of C$37,842.00.
  • On Monday, March 19th, Gmt Capital Corp sold 11,400 shares of Hudbay Minerals stock. The stock was sold at an average price of C$7.70, for a total value of C$87,780.00.
  • On Monday, March 12th, Gmt Capital Corp sold 15,100 shares of Hudbay Minerals stock. The stock was sold at an average price of C$7.71, for a total value of C$116,421.00.
  • On Monday, March 5th, Gmt Capital Corp sold 6,500 shares of Hudbay Minerals stock. The stock was sold at an average price of C$7.58, for a total value of C$49,270.00.
  • On Tuesday, February 20th, Gmt Capital Corp sold 9,300 shares of Hudbay Minerals stock. The stock was sold at an average price of C$8.14, for a total value of C$75,702.00.

TSE HBM opened at C$9.48 on Thursday. Hudbay Minerals Inc has a twelve month low of C$6.13 and a twelve month high of C$12.65.

Hudbay Minerals (TSE:HBM) (NYSE:HBM) last released its quarterly earnings results on Wednesday, February 21st. The mining company reported C$0.33 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.34 by C($0.01). The business had revenue of C$526.00 million during the quarter, compared to analyst estimates of C$513.30 million. Hudbay Minerals had a return on equity of 19.07% and a net margin of 24.07%.

HBM has been the topic of a number of recent research reports. Paradigm Capital upgraded Hudbay Minerals from a “hold” rating to a “buy” rating and upped their target price for the stock from C$13.00 to C$14.00 in a research note on Friday, February 23rd. Royal Bank of Canada lowered their target price on Hudbay Minerals from C$14.00 to C$13.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 28th. National Bank Financial downgraded Hudbay Minerals from an “outperform” rating to a “sector perform” rating and set a C$13.00 target price on the stock. in a research note on Thursday, January 18th. CIBC upped their target price on Hudbay Minerals from C$14.00 to C$16.00 in a research note on Monday, January 22nd. Finally, Raymond James lowered their target price on Hudbay Minerals from C$13.50 to C$13.00 and set an “outperform” rating on the stock in a research note on Friday, February 23rd. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of C$12.57.

Hudbay Minerals Company Profile

Hudbay Minerals Inc, an integrated mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America. It produces copper concentrates containing copper, gold, and silver; and zinc metal. The company owns four polymetallic mines, four ore concentrators, and a zinc production facility in northern Manitoba and Saskatchewan, Canada, as well as in Cusco, Peru; and a copper project in Arizona, the United States.

Insider Buying and Selling by Quarter for Hudbay Minerals (TSE:HBM)

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