How did Hudbay Minerals Inc (HBM) surprise investors with its report?

Hudbay Minerals Inc [HBM] stock prices are up 4.07% to $9.20 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HBM shares have gain 5.26% over the last week, with a monthly amount drifted -5.35%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Hudbay Minerals Inc [NYSE: HBM] stock has seen the most recent analyst activity on August 14, 2024, when Jefferies upgraded its rating to a Buy. On April 09, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $9 on the stock. Barclays upgraded its rating to a Overweight. In a note dated October 17, 2022, Barclays downgraded an Equal Weight rating on this stock.

The stock price of Hudbay Minerals Inc [HBM] has been fluctuating between $4.66 and $10.49 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 $9.20 at the most recent close of the market. An investor can expect a potential return of 12.39% based on the average HBM price forecast.

Analyzing the HBM fundamentals

The Hudbay Minerals Inc [NYSE:HBM] reported sales of 1.98B for trailing twelve months, representing a drop of -3.45%. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.44.

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 9.05 points at the first support level, and at 8.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.42, and for the 2nd resistance point, it is at 9.63.

Ratios To Look Out For

It’s worth pointing out that Hudbay Minerals Inc [NYSE:HBM]’s Current Ratio is 1.86. In addition, the Quick Ratio stands at 1.47 and the Cash Ratio stands at 0.88. Considering the valuation of this stock, the price to sales ratio is 1.63, the price to book ratio is 1.43 and price to earnings (TTM) ratio is 39.50.

Transactions by insiders

Recent insider trading involved Del Rio Francisco Javier, Officer, that happened on Sep 27 ’24 when 47568.0 shares were purchased.

Related Posts