Hudbay Minerals Inc. [HBM] stock is trading at $7.16, up 2.58%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The HBM shares have gain 5.60% over the last week, with a monthly amount glided 17.76%, and seem to be holding up well over a long-time horizon.
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On 28, March 2024, Hudbay Provides Annual Reserve and Resource Update and Production Outlook. In a post published today on Yahoo Finance, Figure 1: Hudbay’s Satellite Properties Near Constancia in Peru.
From an analyst’s perspective:
Previously, Barclays upgraded its rating to Overweight on July 07, 2023. Barclays downgraded its rating to a Equal Weight. Barclays upgraded its rating to a Overweight. National Bank Financial downgraded its rating to Sector Perform for this stock on July 19, 2022. In a note dated September 10, 2021, National Bank Financial upgraded an Outperform rating on this stock.
Hudbay Minerals Inc. [HBM] stock has fluctuated between $3.94 and $7.14 over the past year. Currently, Wall Street analysts expect the stock to reach $10.34 within the next 12 months. Hudbay Minerals Inc. [NYSE: HBM] shares were valued at $7.16 at the most recent close of the market. An investor can expect a potential return of 44.41% based on the average HBM price forecast.
Analyzing the HBM fundamentals
Hudbay Minerals Inc. [NYSE:HBM] reported sales of 1.68B for the trailing twelve months, which represents a growth of 91.71%. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.63.
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 6.99 points at the first support level, and at 6.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.25, and for the 2nd resistance point, it is at 7.34.
Hudbay Minerals Inc. [HBM] reported earnings per share of $0.2 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.12/share, meaning a difference of $0.08 and a surprise factor of 66.70%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.07 per share as compared to estimates of $0.1 per share, a difference of -$0.03 representing a surprise of -30.00%.
Ratios To Look Out For
For context, Hudbay Minerals Inc.’s Current Ratio is 1.25. As well, the Quick Ratio is 0.87, while the Cash Ratio is 0.47. Considering the valuation of this stock, the price to sales ratio is 1.49, the price to book ratio is 1.20 and price to earnings (TTM) ratio is 38.91.
