In a report released today, Jackie Przybylowski from BMO Capital maintained a Buy rating on Hudbay Minerals (HBM – Research Report), with a price target of C$9.50. The company’s shares closed yesterday at $4.21.
According to TipRanks, Przybylowski is a 5-star analyst with an average return of 10.1% and a 43.14% success rate. Przybylowski covers the Basic Materials sector, focusing on stocks such as Kinross Gold, Royal Gold, and Barrick Gold.
Currently, the analyst consensus on Hudbay Minerals is a Strong Buy with an average price target of $6.92.
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Based on Hudbay Minerals’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $312.17 million and a GAAP net loss of $14.93 million. In comparison, last year the company earned a revenue of $415.45 million and had a GAAP net loss of $122.8 million
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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.
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