The price-to-earnings ratio for Hudbay Minerals Inc. (NYSE: HBM) is 39.21x, which is above its average ratio. Moreover, the 36-month beta value for HBM is 1.78. 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 350.14M and currently, short sellers hold a 1.62% of that float. On September 30, 2024, HBM’s average trading volume was 3.63M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
HBM) stock’s latest price update
The stock price of Hudbay Minerals Inc. (NYSE: HBM) has plunged by -1.69 when compared to previous closing price of 9.44, but the company has seen a 18.67% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-28 that Micron is seeing growth in the HBM market but management’s market share outlook of ~20% has negatively surprised me; I expected it to be higher given Samsung’s lagging position. I believe the main positive surprise in Q4 was better gross margins delivery due to cost savings in DRAM production and better HBM yields. This is expected to continue. Micron still trades at a modest 32% premium vs its memory peers. I am not sure if this is justified as I doubt overall outperformance vs its competition.
HBM’s Market Performance
Hudbay Minerals Inc. (HBM) has seen a 18.67% rise in stock performance for the week, with a 17.77% gain in the past month and a 2.54% surge in the past quarter. The volatility ratio for the week is 3.58%, and the volatility levels for the past 30 days are at 3.42% for HBM. The simple moving average for the last 20 days is 21.11% for HBM stock, with a simple moving average of 25.86% 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 20.06% 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 -11.53% of loss for the given period.
Volatility was left at 3.42%, however, over the last 30 days, the volatility rate increased by 3.58%, as shares surge +18.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.28% upper at present.
During the last 5 trading sessions, HBM rose by +18.67%, which changed the moving average for the period of 200-days by +91.34% in comparison to the 20-day moving average, which settled at $7.73. In addition, Hudbay Minerals Inc. saw 68.12% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HBM starting from Del Rio Francisco Javier, who proposed sale 47,568 shares at the price of $9.06 back on Sep 27 ’24. After this action, Del Rio Francisco Javier now owns shares of Hudbay Minerals Inc., valued at $430,841 using the latest closing price.
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 2.21. 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
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.
