Headlines about Hudbay Minerals (NYSE:HBM) (TSE:HBM) have trended somewhat positive recently, Alpha One Sentiment Analysis reports. The research firm, a division of Accern, rates the sentiment of press coverage by analyzing more than 20 million blog and news sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hudbay Minerals earned a coverage optimism score of 0.05 on Alpha One’s scale. Alpha One also gave news articles about the mining company an impact score of 30 out of 100, meaning that recent press coverage is unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have effected AlphaOne’s scoring:
- HUDBAY MINERALS INC. T.HBM (stockhouse.com)
- Hudbay Minerals Stock Getting Very Oversold (nasdaq.com)
- Hudbay Minerals (HBM) Given Media Sentiment Score of 0.05 (americanbankingnews.com)
- Investor Update on Shares of Hudbay Minerals Inc. (TSX:HBM) – SKV News (skvnews.com)
- Hudbay to Host Conference Call for First Quarter 2017 Results (finance.yahoo.com)
A number of brokerages have recently issued reports on HBM. Zacks Investment Research lowered Hudbay Minerals from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 3rd. Credit Suisse Group AG reaffirmed a “neutral” rating on shares of Hudbay Minerals in a research report on Tuesday. National Bank Financial raised Hudbay Minerals from a “sec perform spec market wgt” rating to an “outperform spec market weight” rating in a research report on Thursday, January 12th. TheStreet raised Hudbay Minerals from a “d” rating to a “c-” rating in a research report on Tuesday, February 21st. Finally, BMO Capital Markets initiated coverage on Hudbay Minerals in a research report on Thursday, February 2nd. They set a “market perform” rating on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $7.93.
Shares of Hudbay Minerals (NYSE:HBM) traded down 1.67% on Friday, reaching $5.90. The company’s stock had a trading volume of 494,683 shares. Hudbay Minerals has a 52-week low of $3.57 and a 52-week high of $9.15. The company has a 50 day moving average price of $6.87 and a 200 day moving average price of $6.41. The company’s market cap is $1.40 billion.
The firm also recently declared a semiannual dividend, which was paid on Friday, March 31st. Investors of record on Friday, March 10th were issued a dividend of $0.008 per share. This represents a yield of 0.19%. The ex-dividend date was Wednesday, March 8th. Hudbay Minerals’s payout ratio is currently -1.92%.
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About Hudbay Minerals
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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