HudBay Minerals (NYSE:HBM) Earns News Impact Score of 0.16
Press coverage about HudBay Minerals (NYSE:HBM) (TSE:HBM) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. HudBay Minerals earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned headlines about the mining company an impact score of 48.6923705615727 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Cormark Comments on Hudbay Minerals Inc’s Q3 2017 Earnings (TSE:HBM) (vothemes.com)
- Hudbay Minerals Inc (HBM) PT Raised to C$11.00 (elcumanes.com)
- Hudbay Minerals Inc (HBM) Price Target Raised to C$11.50 (wisdomsave.com)
- Research Analysts’ Recent Ratings Changes for Hudbay Minerals (HBM) (famososartistas.com)
- Zacks Investment Research Upgrades HudBay Minerals Inc (NYSE:HBM) to Hold (americanbankingnews.com)
Shares of HudBay Minerals (NYSE:HBM) traded down 1.39% during midday trading on Friday, hitting $7.10. The company’s stock had a trading volume of 909,831 shares. The stock’s 50 day moving average is $6.71 and its 200-day moving average is $6.62. HudBay Minerals has a 52-week low of $3.57 and a 52-week high of $9.15. The firm has a market cap of $1.68 billion, a P/E ratio of 177.50 and a beta of 3.29.
The company also recently announced a Semi-Annual dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 8th will be paid a $0.008 dividend. The ex-dividend date is Thursday, September 7th. This represents a yield of 0.22%. HudBay Minerals’s dividend payout ratio is presently 50.01%.
A number of research firms have commented on HBM. Zacks Investment Research upgraded HudBay Minerals from a “sell” rating to a “hold” rating in a research note on Thursday. ValuEngine downgraded HudBay Minerals from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. BidaskClub raised HudBay Minerals from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 27th. Finally, Credit Suisse Group reaffirmed a “neutral” rating on shares of HudBay Minerals in a report on Tuesday, April 18th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $8.06.
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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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