A share price of Hudbay Minerals Inc [HBM] is currently trading at $8.51, up 5.06%. 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 3.15% over the last week, with a monthly amount drifted -2.63%, and not seem to be holding up well over a long-time horizon.
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.
Hudbay Minerals Inc experienced fluctuations in its stock price throughout the past year between $4.94 and $10.49. 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 $8.51 at the most recent close of the market. An investor can expect a potential return of 21.5% based on the average HBM price forecast.
Analyzing the HBM fundamentals
Trailing Twelve Months sales for Hudbay Minerals Inc [NYSE:HBM] were 1.98B which represents -3.45% decline. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.44.
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 8.27 points at the first support level, and at 8.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.64, and for the 2nd resistance point, it is at 8.78.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hudbay Minerals Inc [NYSE:HBM] is 1.86. As well, the Quick Ratio is 1.47, while the Cash Ratio is 0.88. Considering the valuation of this stock, the price to sales ratio is 1.51, the price to book ratio is 1.32 and price to earnings (TTM) ratio is 36.54.
Transactions by insiders
Recent insider trading involved Carter Robert A, Officer, that happened on Dec 10 ’24 when 8014.0 shares were purchased. Officer, Del Rio Francisco Javier completed a deal on Sep 27 ’24 to buy 47568.0 shares.
