Hudbay Minerals Inc. (NYSE:HBM) currently has a daily average trading volume of 3.77M but it saw 2352981 shares traded in last market. With a market cap of 2.51B USD, the company’s current market price of $7.16 came rising about 3.32 while comparing to the previous closing price of $6.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.49 and as low as $3.94. In the recent trading on the day, stock has struck highest price mark of $6.9575 while lowest mark touched by it was $7.195.
Taking a look at 20-day trading activity of Hudbay Minerals Inc. (HBM) gives us an average price of $8.01, while its current price level is -31.74% below from 52-week high level whereas it is 81.73% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $8.71 while that of 200 days or SMA-200 reads an average of $6.82. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.57% during that period while stretching the period over a month that decreases to 4.62%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 34.07 which implies that the stock is in neutral territory.
BofA Securities upgraded its recommendation for the stock as a “Buy” from “Neutral” on April 09, 2024 while assigning a price target of $9.
Over the week, HBM’s stock price is moving -8.32% down while it is -23.18% when we observe its performance for the past one month. Year-to-date it is 29.71% up and over the past year, the stock is showing an upside performance of 28.32%.
Currently, Hudbay Minerals Inc.’s total number of outstanding shares is 350.73M. Company’s return on investment (ROI) stands at 2.42% and return on equity (ROE) at 4.52%. It has a price to earnings ratio (P/E ratio) of 31.56 while having a 8.06 of forward P/E ratio. Stock’s beta reads 1.81. Stock has a price to book (P/B) ratio of 1.19 while price to sale or P/S ratio amounts to 1.32. Its return on asset (ROA) is 1.73% on average.
