The price-to-earnings ratio for Hudbay Minerals Inc. (NYSE: HBM) is above average at 34.14x. The 36-month beta value for HBM is also noteworthy at 1.77. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 3 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for HBM is 350.06M, and at present, short sellers hold a 1.60% of that float. The average trading volume of HBM on September 24, 2024 was 3.49M shares.
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HBM) stock’s latest price update
Hudbay Minerals Inc. (NYSE: HBM) has seen a rise in its stock price by 3.32 in relation to its previous close of 7.82. However, the company has experienced a 8.89% gain in its stock price over the last five trading sessions. zacks.com reported 2024-09-20 that HudBay Minerals (HBM) closed at $7.82 in the latest trading session, marking a -1.01% move from the prior day.
HBM’s Market Performance
Hudbay Minerals Inc. (HBM) has experienced a 8.89% rise in stock performance for the past week, with a 2.28% rise in the past month, and a -11.01% drop in the past quarter. The volatility ratio for the week is 3.22%, and the volatility levels for the past 30 days are at 3.25% for HBM. The simple moving average for the last 20 days is 7.26% for HBM stock, with a simple moving average of 10.79% for the last 200 days.
Analysts’ Opinion of HBM
BofA Securities gave a rating of “Buy” to HBM, setting the target price at $9 in the report published on April 09th of the current year.
HBM Trading at 4.23% 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 -22.97% of loss for the given period.
Volatility was left at 3.25%, however, over the last 30 days, the volatility rate increased by 3.22%, as shares sank -1.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.86% lower at present.
During the last 5 trading sessions, HBM rose by +8.89%, which changed the moving average for the period of 200-days by +76.03% in comparison to the 20-day moving average, which settled at $7.53. In addition, Hudbay Minerals Inc. saw 46.38% 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:
- 0.19 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 0.08. Equity return is now at value 3.64, with 1.53 for asset returns.
Based on Hudbay Minerals Inc. (HBM), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.49. The debt to equity ratio resting at 0.48. The interest coverage ratio of the stock is 4.77.
Currently, EBITDA for the company is 732.01 million with net debt to EBITDA at 0.92. When we switch over and look at the enterprise to sales, we see a ratio of 1.97. The receivables turnover for the company is 10.88for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.86.
Conclusion
In summary, Hudbay Minerals Inc. (HBM) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
