Hudbay Minerals Inc (NYSE:HBM) has a beta value of 1.54 and has seen 4.78 million shares traded in the last trading session. The company, currently valued at $2.49B, closed the last trade at $7.10 per share which meant it gained $0.17 on the day or 2.45% during that session. The HBM stock price is -47.75% off its 52-week high price of $10.49 and 16.2% above the 52-week low of $5.95. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.69 million shares traded. The 3-month trading volume is 7.93 million shares.
The consensus among analysts is that Hudbay Minerals Inc (HBM) is Buy stock at the moment, with a recommendation rating of 1.06. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 10 have rated it as a Hold, with 9 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.14.
Hudbay Minerals Inc (NYSE:HBM) trade information
Sporting 2.45% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the HBM stock price touched $7.10 or saw a rise of 2.61%. Year-to-date, Hudbay Minerals Inc shares have moved -12.35%, while the 5-day performance has seen it change 2.75%. Over the past 30 days, the shares of Hudbay Minerals Inc (NYSE:HBM) have changed -12.88%. Short interest in the company has seen 9.83 million shares shorted with days to cover at 1.33.
Wall Street analysts have a consensus price target for the stock at $10.34, which means that the shares’ value could jump 31.33% from current levels. The projected low price target is $10.34471789 while the price target rests at a high of $10.34471789. In that case, then, we find that the current price level is -45.7% off the targeted high while a plunge would see the stock gain -45.7% from current levels.
Hudbay Minerals Inc (HBM) estimates and forecasts
The company’s shares have lost -22.91% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 4.60%.
4 analysts offering their estimates for the company have set an average revenue estimate of 537.36M for the current quarter. 2 have an estimated revenue figure of 524.79M for the next ending quarter. Year-ago sales stood 524.99M and 425.52M respectively for this quarter and the next, and analysts expect sales will grow by 2.36% for the current quarter and 4.60% for the next.
Earnings growth for 2025 is a modest 20.97% while over the next 5 years, the company’s earnings are expected to increase by 20.11%.
HBM Dividends
Hudbay Minerals Inc is expected to release its next earnings report on 2025-Feb-18 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.01 at a share yield of 0.20%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 0.27%.
Hudbay Minerals Inc (NYSE:HBM)’s Major holders
Insiders own 0.08% of the company shares, while shares held by institutions stand at 74.85% with a share float percentage of 74.91%. Investors are also buoyed by the number of investors in a company, with Hudbay Minerals Inc having a total of 349.0 institutions that hold shares in the company. The top two institutional holders are GMT CAPITAL CORP with over 38.75 million shares worth more than $479.77 million. As of 2024-06-30, GMT CAPITAL CORP held 10.5211% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 14.78 million shares as of 2024-06-30. The firm’s total holdings are worth over $133.8 million and represent 4.0138% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are GLOBAL X FUNDS-Global X Copper Miners ETF and AIM Sector Funds (Invesco Sector Funds)-INVESCO SMALL CAP VALUE FUND . As of Mar 31, 2025 , the former fund manager holds about 3.56% shares in the company for having 14.08 shares of worth $99.96 million while later fund manager owns 8.85 shares of worth $62.82 million as of Jan 31, 2025 , which makes it owner of about 2.24% of company’s outstanding stock.
