Currently, there are 394.93M common shares owned by the public and among those 350.35M shares have been available to trade.
The company’s stock has a 5-day price change of 10.05% and -21.05% over the past three months. HBM shares are trading -14.81% year to date (YTD), with the 12-month market performance down to -11.99% lower. It has a 12-month low price of $5.95 and touched a high of $10.49 over the same period. HBM has an average intraday trading volume of 7.44 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -8.45%, -11.02%, and -17.23% respectively.
Institutional ownership of Hudbay Minerals Inc (NYSE: HBM) shares accounts for 78.77% of the company’s 394.93M shares outstanding.
It has a market capitalization of $2.42B and a beta (3y monthly) value of 1.59. The stock’s trailing 12-month PE ratio is 35.40, while the earnings-per-share (ttm) stands at $0.19. The company has a PEG of 1.87 and a Quick Ratio of 1.58 with the debt-to-equity ratio at 0.46. Price movements for the stock have been influenced by the stock’s volatility, which stands at 11.18% over the week and 6.29% over the month.
Earnings per share for the fiscal year are expected to increase by 27.23%, and 5.21% over the next financial year.
Jefferies was of a view on May 03, 2024 that the stock is Hold, while BofA Securities gave the stock Buy rating on April 09, 2024, issuing a price target of $9. Stifel on their part issued Buy rating on March 26, 2024.
