Hudbay Minerals (HBM) Gets a Buy from ATB Cormark Capital Markets
ATB Cormark Capital Markets analyst Stefan Ioannou maintained a Buy rating on Hudbay Minerals today and set a price target of C$37.50.
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According to TipRanks, Ioannou is a 3-star analyst with an average return of 12.6% and a 41.18% success rate. Ioannou covers the Basic Materials sector, focusing on stocks such as Ero Copper, Hudbay Minerals, and Foran Mining.
In addition to ATB Cormark Capital Markets, Hudbay Minerals also received a Buy from BMO Capital’s Matt Murphy in a report issued on March 27. However, on March 26, TipRanks – OpenAI downgraded Hudbay Minerals (NYSE: HBM) to a Hold.
The company has a one-year high of C$38.94 and a one-year low of C$8.49. Currently, Hudbay Minerals has an average volume of 2.19M.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is neutral on the stock.
Read More on HBM:
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- Hudbay Extends Mine Lives and Lifts Copper Outlook in New Three-Year Guidance
- Hudbay Minerals Moves to Fully Acquire Arizona Sonoran Copper in US$1.48 Billion Share Deal
- Hudbay Minerals Moves to Fully Acquire Arizona Sonoran Copper in US$1.48 Billion Deal
- Arizona Sonoran Copper downgraded to Hold from Buy at Stifel
- Hudbay to Buy Arizona Sonoran, Building Major U.S. Copper Hub Around Cactus and Copper World
