Technical Outlook And Game Plan For Hudbay Minerals Inc. (NYSE: HBM)

Hudbay Minerals Inc. (HBM) concluded trading on Wednesday at a closing price of $7.41, with 3.8 million shares of worth about $28.17 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 66.52% during that period and on April 3, 2024 the price saw a gain of about 3.49%. Currently the company’s common shares owned by public are about 350.73M shares, out of which, 349.93M shares are available for trading.

However, the stock later moved at a day high price of 6.18, or with a gain of 3.49%. Stock saw a price change of 9.94% in past 5 days and over the past one month there was a price change of 20.49%. Year-to-date (YTD), HBM shares are showing a performance of 34.24% which increased to 41.14% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.94 but also hit the highest price of $7.17 during that period. The average intraday trading volume for Hudbay Minerals Inc. shares is 2.08 million. The stock is currently trading 10.53% above its 20-day simple moving average (SMA20), while that difference is up 23.70% for SMA50 and it goes to 42.92% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Hudbay Minerals Inc. (NYSE: HBM) currently have 350.73M outstanding shares and institutions hold larger chunk of about 62.75% of that.

The stock has a current market capitalization of $2.60B and its 3Y-monthly beta is at 1.98. PE ratio of stock for trailing 12 months is 40.27, while it has posted earnings per share of $0.18 in the same period. It has Quick Ratio of 0.87 while making debt-to-equity ratio of 0.66. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HBM, volatility over the week remained 3.16% while standing at 3.27% over the month.

Stock’s fiscal year EPS is expected to rise by 101.52% while it is estimated to increase by 55.71% in next year.

Stock get an Overweight rating from Barclays on July 19, 2022.

Most Popular

Related Posts