What is the best trade option for Hudbay Minerals Inc. (HBM) stock?

A share price of Hudbay Minerals Inc. [HBM] is currently trading at $4.07, up down -1.69%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HBM shares have lost -4.24% over the last week, with a monthly amount drifted -0.73%, and not seem to be holding up well over a long-time horizon.

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On 25, August 2022, Hudbay Announces Exploration Agreement for Maria Reyna and Caballito Satellite Properties near Constancia in Peru. In a post published today on Yahoo Finance, Figure 1: Surface Rights Exploration Agreement Map.

From an analyst’s perspective:

Hudbay Minerals Inc. [NYSE: HBM] stock has seen the most recent analyst activity on July 19, 2022, when Barclays upgraded its rating to a Overweight. Previously, National Bank Financial downgraded its rating to Sector Perform on July 19, 2022. On September 10, 2021, upgrade upgraded it’s rating to Outperform. BofA Securities upgraded its rating to a Buy. RBC Capital Mkts upgraded its rating to a Outperform. Barclays downgraded its rating to Equal Weight for this stock on January 06, 2021. In a note dated December 16, 2020, CIBC initiated an Sector Outperform rating.

Hudbay Minerals Inc. experienced fluctuations in its stock price throughout the past year between $3.08 and $8.75. Currently, Wall Street analysts expect the stock to reach $6.88 within the next 12 months. Hudbay Minerals Inc. [NYSE: HBM] shares were valued at $4.07 at the most recent close of the market. An investor can expect a potential return of 69.04% based on the average price forecast.

Analyzing the HBM fundamentals

During the last quarter, Hudbay Minerals Inc. [NYSE:HBM] saw sales of 553.99 billion, an improvement of 2.80%. Gross Margin for this corporation currently stands at +18.95% with Operating Margin at +15.20%, Pretax Margin comes in at -13.42%, and Net Margin reading is -16.18%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.98 points at the first support level, and at 3.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.19, and for the 2nd resistance point, it is at 4.31.

Hudbay Minerals Inc. [HBM] reported earnings per share of $0.02 for its fiscal quarter that ended on 3/30/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.11/share, meaning a difference of $-0.09 and a surprise factor of -81.80%. By comparison, the stated earnings for the previous quarter ended on 12/30/2021 were $0.13 per share as compared to estimates of $0.13 per share, a difference of $0 representing a surprise of 0.00%.

Ratios To Look Out For

A current ratio of 1.40 is a noteworthy aspect of Hudbay Minerals Inc. [NYSE:HBM]. Further, the Quick Ratio stands at 0.98, while the Cash Ratio is 0.53. Considering the valuation of this stock, the price to sales ratio is 1.26, the price to book ratio is 1.28.