Assessing Whether Hudbay Minerals Inc (NYSE: HBM) Is Over- Or Undervalued

Hudbay Minerals Inc (HBM) concluded trading on Wednesday at a closing price of $8.91, with 2.71 million shares of worth about $24.12 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.05% during that period and on December 04, 2024 the price saw a loss of about -0.11%. Currently the company’s common shares owned by public are about 393.66M shares, out of which, 350.46M shares are available for trading.

Stock saw a price change of 2.41% in past 5 days and over the past one month there was a price change of -1.66%. Year-to-date (YTD), HBM shares are showing a performance of 61.41% which increased to 90.38% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.51 but also hit the highest price of $10.49 during that period. The average intraday trading volume for Hudbay Minerals Inc shares is 3.22 million. The stock is currently trading -0.07% below its 20-day simple moving average (SMA20), while that difference is down -2.44% for SMA50 and it goes to 7.73% higher than SMA200.

Hudbay Minerals Inc (NYSE: HBM) currently have 393.66M outstanding shares and institutions hold larger chunk of about 75.90% of that.

The stock has a current market capitalization of $3.13B and its 3Y-monthly beta is at 1.75. PE ratio of stock for trailing 12 months is 38.26, while it has posted earnings per share of $0.23 in the same period. It has Quick Ratio of 1.47 while making debt-to-equity ratio of 0.46. 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 3.27% while standing at 3.72% over the month.

Stock’s fiscal year EPS is expected to rise by 125.04% while it is estimated to increase by 86.82% in next year.

Stock get an Overweight rating from Barclays on July 07, 2023.

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