A new trading day began on Friday, with Hudbay Minerals Inc (NYSE: HBM) stock price down -0.59% from the previous day of trading, before settling in for the closing price of $8.51. HBM’s price has ranged from $4.94 to $10.49 over the past 52 weeks.
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
During the last 5-year period, the sales growth of Basic Materials Sector giant was 9.49%. Meanwhile, its annual earnings per share averaged 127.64%. With a float of $350.46 million, this company’s outstanding shares have now reached $393.66 million.
Let’s determine the extent of company efficiency that accounts for 2708 employees. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Copper Industry. The insider ownership of Hudbay Minerals Inc is 0.18%, while institutional ownership is 75.96%. The most recent insider transaction that took place on Dec 10 ’24, was worth 74,770. Before that another transaction happened on Sep 27 ’24, when Company’s Officer proposed sale 47,568 for $9.06, making the entire transaction worth $430,841.
Hudbay Minerals Inc (HBM) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 127.64% per share during the next fiscal year.
Hudbay Minerals Inc (NYSE: HBM) Trading Performance Indicators
Here are Hudbay Minerals Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.50. Likewise, its price to free cash flow for the trailing twelve months is 12.21.
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 0.94 in one year’s time.
Technical Analysis of Hudbay Minerals Inc (HBM)
Looking closely at Hudbay Minerals Inc (NYSE: HBM), its last 5-days average volume was 4.86 million, which is a drop from its year-to-date volume of 5.69 million. As of the previous 9 days, the stock’s Stochastic %D was 75.26%. Additionally, its Average True Range was 0.33.
During the past 100 days, Hudbay Minerals Inc’s (HBM) raw stochastic average was set at 57.06%, which indicates a significant increase from 49.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.67% in the past 14 days, which was lower than the 47.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.85, while its 200-day Moving Average is $8.51. However, in the short run, Hudbay Minerals Inc’s stock first resistance to watch stands at $8.61. Second resistance stands at $8.76. The third major resistance level sits at $8.92. If the price goes on to break the first support level at $8.30, it is likely to go to the next support level at $8.14. Should the price break the second support level, the third support level stands at $7.99.
Hudbay Minerals Inc (NYSE: HBM) Key Stats
With a market capitalization of 2.97 billion, the company has a total of 393,946K Shares Outstanding. Currently, annual sales are 1,690 M while annual income is 66,370 K. The company’s previous quarter sales were 485,770 K while its latest quarter income was 49,760 K.
