HudBay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Stock analysts at National Bank Financial reduced their FY2016 EPS estimates for shares of HudBay Minerals in a research note issued on Monday. National Bank Financial analyst S. Nagle now expects that the firm will earn $0.07 per share for the year, down from their previous forecast of $0.09. National Bank Financial has a “Sector Perform” rating and a $9.00 price target on the stock. National Bank Financial also issued estimates for HudBay Minerals’ Q4 2016 earnings at $0.00 EPS.

Earnings History and Estimates for HudBay Minerals (TSE:HBM)

Several other analysts have also recently weighed in on the company. TD Securities raised their price target on HudBay Minerals from C$7.50 to C$9.50 and gave the stock a “buy” rating in a research report on Tuesday. Scotiabank raised their price target on HudBay Minerals from C$7.75 to C$8.75 and gave the stock an “outperform” rating in a research report on Tuesday. CIBC raised their price target on HudBay Minerals from C$7.50 to C$8.00 in a research report on Tuesday. Royal Bank Of Canada restated an “outperform” rating on shares of HudBay Minerals in a research report on Tuesday. Finally, Barclays PLC raised their price target on HudBay Minerals from C$5.00 to C$7.00 and gave the stock an “underweight” rating in a research report on Thursday, November 17th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of C$7.89.

Shares of HudBay Minerals (TSE:HBM) opened at 9.28 on Wednesday. The company has a 50-day moving average price of $6.27 and a 200 day moving average price of $5.91. The company’s market capitalization is $2.19 billion. HudBay Minerals has a one year low of $2.26 and a one year high of $9.29.

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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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