Hudbay Minerals (HBM) Earns Media Sentiment Rating of 0.28

Hudbay Minerals (HBM) Earns Media Sentiment Rating of 0.28

Media headlines about Hudbay Minerals (NYSE:HBM) (TSE:HBM) have been trending positive recently, AlphaOne Sentiment Analysis reports. AlphaOne, a service of Accern, identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hudbay Minerals earned a media sentiment score of 0.28 on AlphaOne’s scale. AlphaOne also gave media coverage about the mining company an impact score of 0 out of 100, meaning that recent press coverage is extremely 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 impacted AlphaOne Sentiment’s analysis:

Several equities research analysts recently weighed in on the stock. Credit Suisse Group AG reiterated a “neutral” rating on shares of Hudbay Minerals in a research note on Tuesday, April 18th. TheStreet upgraded shares of Hudbay Minerals from a “d” rating to a “c-” rating in a research note on Tuesday, February 21st. National Bank Financial upgraded shares of Hudbay Minerals from a “sec perform spec market wgt” rating to an “outperform spec market weight” rating in a research note on Thursday, January 12th. BMO Capital Markets assumed coverage on shares of Hudbay Minerals in a research note on Thursday, February 2nd. They set a “market perform” rating on the stock. Finally, Zacks Investment Research upgraded shares of Hudbay Minerals from a “hold” rating to a “strong-buy” rating and set a $8.00 price objective on the stock in a research note on Monday, January 23rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company’s stock. Hudbay Minerals presently has an average rating of “Hold” and a consensus target price of $8.06.

Hudbay Minerals (NYSE:HBM) traded up 2.78% on Friday, reaching $5.55. 1,080,050 shares of the company’s stock traded hands. The firm’s 50-day moving average is $6.43 and its 200 day moving average is $6.57. Hudbay Minerals has a 52-week low of $3.57 and a 52-week high of $9.15. The stock’s market capitalization is $1.32 billion.

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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