Hudbay Minerals Inc (HBM) is expecting 28.69% growth in the next quarter: What can investors do to maximize their returns?

Hudbay Minerals Inc (NYSE: HBM) kicked off on Friday, up 1.23% from the previous trading day, before settling in for the closing price of $8.95. Over the past 52 weeks, HBM has traded in a range of $3.94-$10.49.

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Basic Materials Sector giant saw their annual sales surged by 4.49% over the last five years. While this was happening, its average annual earnings per share was recorded 92.62%. With a float of $350.14 million, this company’s outstanding shares have now reached $350.73 million.

The firm has a total of 2708 workers. Let’s measure their productivity. In terms of profitability, gross margin is 22.38%, operating margin of 18.87%, and the pretax margin is 11.78%.

Hudbay Minerals Inc (HBM) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Copper Industry. The insider ownership of Hudbay Minerals Inc is 0.27%, while institutional ownership is 77.06%. The most recent insider transaction that took place on Sep 27 ’24, was worth 430,841.

Hudbay Minerals Inc (HBM) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 92.62% per share during the next fiscal year.

Hudbay Minerals Inc (NYSE: HBM) Trading Performance Indicators

Take a look at Hudbay Minerals Inc’s (HBM) current performance indicators. Last quarter, stock had a quick ratio of 1.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.52. Likewise, its price to free cash flow for the trailing twelve months is 18.40.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.24, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.99 in one year’s time.

Technical Analysis of Hudbay Minerals Inc (HBM)

Analysing the last 5-days average volume posted by the [Hudbay Minerals Inc, HBM], we can find that recorded value of 2.08 million was lower than the volume posted last year of 3.09 million. As of the previous 9 days, the stock’s Stochastic %D was 11.18%. Additionally, its Average True Range was 0.29.

During the past 100 days, Hudbay Minerals Inc’s (HBM) raw stochastic average was set at 75.46%, which indicates a significant increase from 21.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.29% in the past 14 days, which was lower than the 46.72% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $8.55, while its 200-day Moving Average is $7.88. Now, the first resistance to watch is $9.16. This is followed by the second major resistance level at $9.25. The third major resistance level sits at $9.34. If the price goes on to break the first support level at $8.97, it is likely to go to the next support level at $8.88. Should the price break the second support level, the third support level stands at $8.79.

Hudbay Minerals Inc (NYSE: HBM) Key Stats

The company with the Market Capitalisation of 5.04 billion has total of 393,663K Shares Outstanding. Its annual sales at the moment are 1,690 M in contrast with the sum of 66,370 K annual income. Company’s last quarter sales were recorded 425,520 K and last quarter income was -16,580 K.