Home  »  Companies   »  Hudbay Minerals Inc. (HBM) – Don’t Bel...

Hudbay Minerals Inc. (HBM) – Don’t Believe the Hype: Check The Facts

Hudbay Minerals Inc. (NYSE: HBM) is -23.03% lower on its value in year-to-date trading and has touched a low of $3.08 and a high of $8.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HBM stock was last observed hovering at around $5.50 in the last trading session, with the day’s gains setting it 0.08% off its average median price target of $6.70 for the next 12 months. It is also 37.72% off the consensus price target high of $8.96 offered by 16 analysts, but current levels are -27.69% lower than the price target low of $4.37 for the same period.

Currently trading at $5.58, the stock is 15.23% and 28.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing 1.45% at the moment leaves the stock 2.78% off its SMA200. HBM registered -21.41% loss for a year compared to 6-month loss of -1.06%.

China Can't Stop US$0.25 Stock from Mining Ultra-Rare Metal

Here's one little-known company — trading undiscovered below 25-cents per share — that's advancing one of the largest and highest quality REE deposits in all of North America... and the Chinese can't do a damn thing about it! It's early stage... and that's excellent news for individual investors like you who have the foresight to act decisively on an emerging megatrend that's already being measured in the Tens of $Billions.

Simply click here and the name & trading symbol are yours.

Sponsored

The stock witnessed a 46.07% gain in the last 1 month and extending the period to 3 months gives it a 16.49%, and is 2.57% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.82% over the week and 5.68% over the month.

Hudbay Minerals Inc. (HBM) has around 2505 employees, a market worth around $1.98B and $2.09B in sales. Current P/E ratio is 14.20 and Fwd P/E is 9.09. Profit margin for the company is 4.90%. Distance from 52-week low is 81.17% and -36.23% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.90%).

Hudbay Minerals Inc. (HBM) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Hudbay Minerals Inc. (HBM) is a “Overweight”. 16 analysts offering their recommendations for the stock have an average rating of 1.80, where 3 rate it as a Hold and 2 think it is a “Overweight”. 11 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Hudbay Minerals Inc. is expected to release its quarterly report on 02/22/2023.The EPS is expected to shrink by -68.90% this year

Hudbay Minerals Inc. (HBM) Top Institutional Holders

The shares outstanding are 261.90M, and float is at 261.63M with Short Float at 3.87%.

Hudbay Minerals Inc. (HBM): Who are the competitors?

The company’s main competitors (and peers) include Western Copper and Gold Corporation (WRN) that is trading 8.97% up over the past 12 months and PolyMet Mining Corp. (PLM) that is -0.65% lower over the same period. Southern Copper Corporation (SCCO) is 0.20% up on the 1-year trading charts.

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts

Receive Best Stock To Trade Before The Opening Bell

 

 

100% Free. Stop Anytime. No Spam

111365

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

The 5 Best Inflation Stocks for 2022

100% free. stop anytime no spam

Get our free report on the stocks that we recommend for investors who want to protect their portfolios from inflation.