The stock of Hudbay Minerals Inc. (HBM) has gone up by 7.02% for the week, with a 17.27% rise in the past month and a 39.63% rise in the past quarter. The volatility ratio for the week is 2.91%, and the volatility levels for the past 30 days are 3.21% for HBM. The simple moving average for the last 20 days is 8.63% for HBM stock, with a simple moving average of 43.15% for the last 200 days.
Is It Worth Investing in Hudbay Minerals Inc. (NYSE: HBM) Right Now?
The price-to-earnings ratio for Hudbay Minerals Inc. (NYSE: HBM) is 40.60x, which is above its average ratio. Moreover, the 36-month beta value for HBM is 1.97. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for HBM is 349.93M and currently, short sellers hold a 2.47% of that float. On April 09, 2024, HBM’s average trading volume was 2.12M shares.
HBM) stock’s latest price update
The stock price of Hudbay Minerals Inc. (NYSE: HBM) has surged by 1.77 when compared to previous closing price of 7.34, but the company has seen a 7.02% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-02 that While passive-income providers tend to be established large-capitalization enterprises, that’s not always the case as these under-$10 dividend stocks prove. To be sure, nothing is for free on Wall Street.
HBM Trading at 22.37% 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 -0.66% of loss for the given period.
Volatility was left at 3.21%, however, over the last 30 days, the volatility rate increased by 2.91%, as shares surge +18.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.45% upper at present.
During the last 5 trading sessions, HBM rose by +7.02%, which changed the moving average for the period of 200-days by +50.00% in comparison to the 20-day moving average, which settled at $6.93. In addition, Hudbay Minerals Inc. saw 35.33% 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 2.21. 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
To wrap up, the performance of Hudbay Minerals Inc. (HBM) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
