Hudbay Minerals Inc. (HBM) concluded trading on Thursday at a closing price of $7.88, with 3.86 million shares of worth about $30.42 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 66.60% during that period and on April 18, 2024 the price saw a gain of about 3.55%. Currently the company’s common shares owned by public are about 350.73M shares, out of which, 350.23M shares are available for trading.
Stock saw a price change of 1.16% in past 5 days and over the past one month there was a price change of 16.91%. Year-to-date (YTD), HBM shares are showing a performance of 42.75% which increased to 45.39% 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 $8.11 during that period. The average intraday trading volume for Hudbay Minerals Inc. shares is 2.30 million. The stock is currently trading 8.03% above its 20-day simple moving average (SMA20), while that difference is up 22.31% for SMA50 and it goes to 47.67% higher than SMA200.
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Hudbay Minerals Inc. (NYSE: HBM) currently have 350.73M outstanding shares and institutions hold larger chunk of about 63.22% of that.
The stock has a current market capitalization of $2.77B and its 3Y-monthly beta is at 1.92. PE ratio of stock for trailing 12 months is 42.83, 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 4.53% while standing at 3.60% over the month.
Stock’s fiscal year EPS is expected to rise by 85.33% while it is estimated to increase by 70.01% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on April 09, 2024 offering a Buy rating for the stock and assigned a target price of $9 to it. Stock get an Equal weight rating from Barclays on October 17, 2022.
