News coverage about Hudbay Minerals (NYSE:HBM) (TSE:HBM) has been trending somewhat positive this week, according to AlphaOne Sentiment. AlphaOne, a unit of Accern, identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hudbay Minerals earned a daily sentiment score of 0.05 on AlphaOne’s scale. AlphaOne also gave news articles about the mining company an impact score of 22 out of 100, indicating that recent media coverage is very unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have impacted AlphaOne Sentiment Analysis’s analysis:
- 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 research firms have issued reports on HBM. Credit Suisse Group AG reaffirmed a “neutral” rating on shares of Hudbay Minerals in a report on Tuesday. Zacks Investment Research downgraded shares of Hudbay Minerals from a “buy” rating to a “hold” rating in a report on Wednesday, April 5th. TheStreet downgraded shares of Hudbay Minerals from a “c-” rating to a “d+” rating in a report on Thursday, March 9th. BMO Capital Markets started coverage on shares of Hudbay Minerals in a report on Thursday, February 2nd. They issued a “market perform” rating on the stock. Finally, National Bank Financial raised shares of Hudbay Minerals from a “sec perform spec market wgt” rating to an “outperform spec market weight” rating in a report on Thursday, January 12th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. Hudbay Minerals currently has an average rating of “Hold” and a consensus price target of $7.93.
Hudbay Minerals (NYSE:HBM) traded down 3.33% on Friday, hitting $5.80. 311,588 shares of the company traded hands. The firm’s 50 day moving average price is $6.87 and its 200 day moving average price is $6.41. The firm’s market capitalization is $1.38 billion. Hudbay Minerals has a 1-year low of $3.57 and a 1-year high of $9.15.
The business also recently declared a semiannual dividend, which was paid on Friday, March 31st. Investors of record on Friday, March 10th were issued a $0.008 dividend. The ex-dividend date of this dividend was Wednesday, March 8th. This represents a dividend yield of 0.19%. Hudbay Minerals’s dividend payout ratio is presently -1.92%.
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Hudbay Minerals Company Profile
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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