Hudbay Minerals Inc (NYSE: HBM) on Tuesday, plunged -3.76% from the previous trading day, before settling in for the closing price of $9.04. Within the past 52 weeks, HBM’s price has moved between $4.34 and $10.49.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Basic Materials sector has jumped its sales by 4.49% annually for the last half of the decade. The company achieved an average annual earnings per share of 125.04%. With a float of $350.46 million, this company’s outstanding shares have now reached $350.73 million.
In an organization with 2708 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 23.99%, operating margin of 18.35%, and the pretax margin is 11.53%.
Hudbay Minerals Inc (HBM) Insider Updates
Observing investor behavior towards Copper industry stocks is more important than anything else. The insider ownership of Hudbay Minerals Inc is 0.18%, while institutional ownership is 75.90%. The most recent insider transaction that took place on Sep 27 ’24, was worth 430,841.
Hudbay Minerals Inc (HBM) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 125.04% per share during the next fiscal year.
Hudbay Minerals Inc (NYSE: HBM) Trading Performance Indicators
Hudbay Minerals Inc (HBM) is currently performing well based on its current performance indicators. A quick ratio of 1.47 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.54. Likewise, its price to free cash flow for the trailing twelve months is 12.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.23, a number that is poised to hit 0.28 in the next quarter and is forecasted to reach 0.96 in one year’s time.
Technical Analysis of Hudbay Minerals Inc (HBM)
Let’s dig in a bit further. During the last 5-days, its volume was 2.39 million. That was inferior than the volume of 3.1 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 65.25%. Additionally, its Average True Range was 0.35.
During the past 100 days, Hudbay Minerals Inc’s (HBM) raw stochastic average was set at 64.42%, which indicates a significant increase from 28.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.37% in the past 14 days, which was higher than the 49.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.05, while its 200-day Moving Average is $8.18. However, in the short run, Hudbay Minerals Inc’s stock first resistance to watch stands at $8.89. Second resistance stands at $9.09. The third major resistance level sits at $9.20. If the price goes on to break the first support level at $8.58, it is likely to go to the next support level at $8.47. Assuming the price breaks the second support level, the third support level stands at $8.27.
Hudbay Minerals Inc (NYSE: HBM) Key Stats
Market capitalization of the company is 3.05 billion based on 393,663K outstanding shares. Right now, sales total 1,690 M and income totals 66,370 K. The company made 485,770 K in profit during its latest quarter, and 49,760 K in sales during its previous quarter.
