The stock of Hudbay Minerals Inc. (HBM) has seen a 4.57% increase in the past week, with a 16.61% gain in the past month, and a 28.44% flourish in the past quarter. The volatility ratio for the week is 2.95%, and the volatility levels for the past 30 days are at 3.26% for HBM. The simple moving average for the last 20 days is 6.56% for HBM’s stock, with a simple moving average of 37.04% for the last 200 days.
Is It Worth Investing in Hudbay Minerals Inc. (NYSE: HBM) Right Now?
Hudbay Minerals Inc. (NYSE: HBM) has a higher price-to-earnings ratio of 38.53x compared to its average ratio, The 36-month beta value for HBM is at 1.98. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 3 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for HBM is 349.93M, and currently, shorts hold a 2.47% of that float. The average trading volume for HBM on April 02, 2024 was 2.04M shares.
HBM) stock’s latest price update
Hudbay Minerals Inc. (NYSE: HBM)’s stock price has soared by 1.58 in relation to previous closing price of 6.98. Nevertheless, the company has seen a gain of 4.57% in its stock price over the last five trading days. Seeking Alpha reported 2024-02-23 that Hudbay Minerals Inc. (HBM) Q4 2023 Earnings Call Transcript
HBM Trading at 19.12% from the 50-Day Moving Average
After a stumble in the market that brought HBM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.77% of loss for the given period.
Volatility was left at 3.26%, however, over the last 30 days, the volatility rate increased by 2.95%, as shares surge +14.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +34.54% upper at present.
During the last 5 trading sessions, HBM rose by +3.98%, which changed the moving average for the period of 200-days by +40.72% in comparison to the 20-day moving average, which settled at $6.70. In addition, Hudbay Minerals Inc. saw 28.44% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for HBM
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.22 for the gross margin
The net margin for Hudbay Minerals Inc. stands at 0.04. The total capital return value is set at 0.06. Equity return is now at value 3.62, with 1.38 for asset returns.
Based on Hudbay Minerals Inc. (HBM), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at 0.63. The interest coverage ratio of the stock is 3.64.
Currently, EBITDA for the company is 732.01 million with net debt to EBITDA at 1.68. When we switch over and look at the enterprise to sales, we see a ratio of 2.13. The receivables turnover for the company is 8.27for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.25.
Conclusion
In conclusion, Hudbay Minerals Inc. (HBM) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
