On Friday, Hudbay Minerals Inc (NYSE: HBM) opened higher 1.94% from the last session, before settling in for the closing price of $8.77. Price fluctuations for HBM have ranged from $4.34 to $10.49 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 4.49%. Company’s average yearly earnings per share was noted 125.04% at the time writing. With a float of $350.46 million, this company’s outstanding shares have now reached $350.73 million.
Considering the fact that the conglomerate employs 2708 people, you should pay attention to its efficiency factor. 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 Activity
A key investor’s attitude towards the stock of the Copper industry is another important factor to consider. 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) Earnings and Forecasts
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
Check out the current performance indicators for Hudbay Minerals Inc (HBM). In the past quarter, the stock posted a quick ratio of 1.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.58. Likewise, its price to free cash flow for the trailing twelve months is 12.90.
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)
Compared to the last year’s volume of 3.09 million, its volume of 2.68 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 39.87%. Additionally, its Average True Range was 0.34.
During the past 100 days, Hudbay Minerals Inc’s (HBM) raw stochastic average was set at 71.78%, which indicates a significant increase from 62.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.79% in the past 14 days, which was lower than the 49.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.10, while its 200-day Moving Average is $8.22. Nevertheless, the first resistance level for the watch stands at $9.03 in the near term. At $9.12, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.27. If the price goes on to break the first support level at $8.78, it is likely to go to the next support level at $8.63. Should the price break the second support level, the third support level stands at $8.54.
Hudbay Minerals Inc (NYSE: HBM) Key Stats
There are currently 393,663K shares outstanding in the company with a market cap of 3.14 billion. Presently, the company’s annual sales total 1,690 M according to its annual income of 66,370 K. Last quarter, the company’s sales amounted to 485,770 K and its income totaled 49,760 K.
