Hudbay Minerals Inc. (NYSE: HBM) Could Post Excellent Profits?

In the last trading session, 3.76 million shares of the Hudbay Minerals Inc. (NYSE:HBM) were traded, and its beta was 1.93. Most recently the company’s share price was $7.73, and it changed around $0.06 or 0.78% from the last close, which brings the market valuation of the company to $2.71B. HBM currently trades at a discount to its 52-week high of $8.11, offering almost -4.92% off that amount. The share price’s 52-week low was $3.94, which indicates that the current value has risen by an impressive 49.03% since then. We note from Hudbay Minerals Inc.’s average daily trading volume that its 3-month average coming to 2.40 million.

Hudbay Minerals Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.29. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 0 recommended HBM as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight.

Hudbay Minerals Inc. (NYSE:HBM) trade information

Instantly HBM has showed a green trend with a performance of 0.78% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 40.04% year-to-date, but still up 2.11% over the last five days. On the other hand, Hudbay Minerals Inc. (NYSE:HBM) is 12.52% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $10.34, which translates to bulls needing to increase their stock price by 25.24% from its current value. Analyst projections state that HBM is forecast to be at a low of $10.34471789 and a high of $10.34471789.

Hudbay Minerals Inc. (HBM) estimates and forecasts

Hudbay Minerals Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 77.29 percent over the past six months and at a 82.61% annual growth rate that is well above the industry average of 16.70%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -8.17%.

HBM Dividends

Hudbay Minerals Inc.’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 0.19 percent and its annual dividend per share was 0.01. It is important to note, however, that the 0.19% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.