National Bank analyst Shane Nagle maintained a Hold rating on Hudbay Minerals (HBM – Research Report) today and set a price target of C$8.25. The company’s shares closed today at $4.74.
According to TipRanks, Nagle is a 5-star analyst with an average return of 19.7% and a 53.49% success rate. Nagle covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Lundin Mining, and Sandstorm Gold.
Hudbay Minerals has an analyst consensus of Strong Buy, with a price target consensus of $6.88.
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HBM market cap is currently $1.64B and has a P/E ratio of -35.79.
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Hudbay Minerals (HBM) Company Description:
HudBay Minerals, Inc. operates as a mining company, which engages in the production of copper concentrate, molybdenum concentrate and zinc metal. It focuses on the discovery, production, and marketing of base and precious metals. The company was founded on January 16, 1996 and is headquartered in Toronto, Canada.
Read More on HBM:
- Hudbay to Host Conference Call for Third Quarter 2023 Results
- Gold Price Sinks, Gold Stocks Mostly Up
- Hudbay Minerals price target raised to C$10.50 from C$10 at Scotiabank
- Hudbay Completes Rockcliff Acquisition; Further Consolidates Snow Lake Operations and Adds to Prospective Land Package
- Hudbay Minerals completes acquisition of Rockcliff Metals
