Hudbay Minerals Inc. with ticker code (HBM) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 13.41 and 8.24 with a mean TP of 10.71. With the stocks previous close at 2.35 this would indicate that there is a potential upside of 355.7%. The 50 day MA is 2 and the 200 moving average now moves to 3.01. The company has a market capitalisation of $627m. Company Website: http://www.hudbayminerals.com
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 three polymetallic mines, four ore concentrators, and a zinc production facility in northern Manitoba and Saskatchewan, Canada, as well as in Cusco, Peru; and copper projects in Arizona and Nevada, the United States. HudBay Minerals Inc. was founded in 1927 and is based in Toronto, Canada.