On Friday, Hudbay Minerals Inc (NYSE: HBM) opened lower -6.70% from the last session, before settling in for the closing price of $7.61. Price fluctuations for HBM have ranged from $5.22 to $10.49 over the past 52 weeks.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 11.18%. Company’s average yearly earnings per share was noted 44.36% at the time writing. With a float of $350.32 million, this company’s outstanding shares have now reached $394.93 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
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 0.22%, while institutional ownership is 78.73%. 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 0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 44.36% 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 1.58. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.26. Likewise, its price to free cash flow for the trailing twelve months is 10.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.19, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 0.66 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 9.65 million, which is a jump from its year-to-date volume of 6.5 million. As of the previous 9 days, the stock’s Stochastic %D was 9.07%. Additionally, its Average True Range was 0.47.
During the past 100 days, Hudbay Minerals Inc’s (HBM) raw stochastic average was set at 4.17%, which indicates a significant decrease from 4.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.50% in the past 14 days, which was higher than the 49.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.56, while its 200-day Moving Average is $8.67. However, in the short run, Hudbay Minerals Inc’s stock first resistance to watch stands at $7.46. Second resistance stands at $7.82. The third major resistance level sits at $8.06. If the price goes on to break the first support level at $6.86, it is likely to go to the next support level at $6.62. Should the price break the second support level, the third support level stands at $6.26.
Hudbay Minerals Inc (NYSE: HBM) Key Stats
There are currently 394,943K shares outstanding in the company with a market cap of 2.49 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.
