A look into Hudbay Minerals Inc. (HBM)’s deeper side

With 1.67 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.66 million shares. During the session, the Copper company that operates in wider Basic Materials sector, reached to the highest price of $8.95 whereas the lowest price it dropped to was $8.72. The 52-week range on HBM shows that it touched its highest point at $8.96 and its lowest point at $3.94 during that stretch. It currently has a 1-year price target of $9.36. With its current market cap of 3.09 billion, HBM has annualized dividend of $0.01 while the current yield stands at 0.17%. Beta for the stock currently stands at 1.82.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HBM was up-trending over the past week, with a rise of 3.17%, but this was up by 15.49% over a month. Three-month performance surged to 68.58% while six-month performance rose 116.22%. The stock gained 93.83% in the past year, while it has gained 59.42% so far this year. A look at the trailing 12-month EPS for HBM yields 0.18 with Next year EPS estimates of 0.79. For the next quarter, that number is 0.02. This implies an EPS growth rate of 87.94% for this year and 82.87% for next year.

Float and Shares Shorts:

At present, 350.73 million HBM shares are outstanding with a float of 350.23 million shares on hand for trading. On 2024-04-30, short shares totaled 5.66 million, which was 161.0 higher than short shares on 1711584000. In addition to Mr. Peter Gerald Jan Kukielski Bsc, Msc as the firm’s President, CEO & Director, Mr. Chi-Yen Lei serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.65516996 of HBM’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, HBM reported revenue of $602189000.0 and operating income of $131813000.0. The EBITDA in the recently reported quarter was $240179000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HBM since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.