Hudbay Minerals Inc (NYSE: HBM)’s stock price has gone rise by 2.44 in comparison to its previous close of 8.59, however, the company has experienced a 2.21% increase in its stock price over the last five trading days. marketbeat.com reported 2025-01-17 that MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Is It Worth Investing in Hudbay Minerals Inc (NYSE: HBM) Right Now?
The price-to-earnings ratio for Hudbay Minerals Inc (NYSE: HBM) is above average at 37.78x. The 36-month beta value for HBM is also noteworthy at 1.74. There are mixed opinions on the stock, with 9 analysts rating it as a “buy,” 6 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for HBM is 350.46M, and at present, short sellers hold a 1.32% of that float. The average trading volume of HBM on January 22, 2025 was 3.68M shares.
HBM’s Market Performance
HBM stock saw an increase of 2.21% in the past week, with a monthly gain of 5.26% and a quarterly increase of -4.45%. The volatility ratio for the week is 3.65%, and the volatility levels for the last 30 days are 3.59% for Hudbay Minerals Inc (HBM). The simple moving average for the past 20 days is 3.98% for HBM’s stock, with a 2.38% simple moving average for the past 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 previous year.
HBM Trading at 0.85% 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 -16.11% of loss for the given period.
Volatility was left at 3.59%, however, over the last 30 days, the volatility rate increased by 3.65%, as shares surge +12.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.48% lower at present.
During the last 5 trading sessions, HBM rose by +2.21%, which changed the moving average for the period of 200-days by +18.76% in comparison to the 20-day moving average, which settled at $8.46. In addition, Hudbay Minerals Inc saw 8.64% 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 Carter Robert A, who proposed sale 8,014 shares at the price of $9.33 back on Dec 10 ’24. After this action, Carter Robert A now owns shares of Hudbay Minerals Inc, valued at $74,770 using the latest closing price.
Del Rio Francisco Javier, the Officer of Hudbay Minerals Inc, proposed sale 47,568 shares at $9.06 during a trade that took place back on Sep 27 ’24, which means that Del Rio Francisco Javier is holding shares at $430,841 based on the most recent closing price.
Stock Fundamentals for HBM
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.24 for the gross margin
The net margin for Hudbay Minerals Inc stands at 0.04. The total capital return value is set at 0.07. Equity return is now at value 3.76, with 1.60 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 0.46. The interest coverage ratio of the stock is 4.95.
Currently, EBITDA for the company is 653.09 million with net debt to EBITDA at 0.97. When we switch over and look at the enterprise to sales, we see a ratio of 2.1. The receivables turnover for the company is 8.09for trailing twelve months and the total asset turnover is 0.36. 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.
