Hudbay Minerals Inc (NYSE:HBM) has a beta value of 1.65 and has seen 1.56 million shares traded in the recent trading session. The company, currently valued at $4.06B, closed the recent trade at $10.29 per share which meant it lost -$0.18 on the day or -1.73% during that session. The HBM stock price is -8.16% off its 52-week high price of $11.13 and 42.18% 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 7.66 million shares traded. The 3-month trading volume is 7.45 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 0.16.
Hudbay Minerals Inc (NYSE:HBM) trade information
Sporting -1.73% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the HBM stock price touched $10.29 or saw a rise of 6.62%. Year-to-date, Hudbay Minerals Inc shares have moved 12.21%, while the 5-day performance has seen it change -5.52%. Over the past 30 days, the shares of Hudbay Minerals Inc (NYSE:HBM) have changed 7.07%. Short interest in the company has seen 5.23 million shares shorted with days to cover at 0.63.
Wall Street analysts have a consensus price target for the stock at $10.34, which means that the shares’ value could jump 0.48% from the levels at last check today.. 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 latest price level in today’s session is -0.53% off the targeted high while a plunge would see the stock gain -0.53% from the levels at last check today..
Hudbay Minerals Inc (HBM) estimates and forecasts
The company’s shares have gained 17.73% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 10.22%.
4 analysts offering their estimates for the company have set an average revenue estimate of 558.21M for the current quarter. 3 have an estimated revenue figure of 575.73M for the next ending quarter. Year-ago sales stood 425.52M and 485.77M respectively for this quarter and the next, and analysts expect sales will grow by 31.18% for the current quarter and 10.22% for the next.
Earnings growth for 2025 is a modest 51.09% while over the next 5 years, the company’s earnings are expected to increase by 24.94%.
HBM Dividends
Hudbay Minerals Inc is expected to release its next earnings report on 2025-May-12 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 0.14%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 0.25%.
Hudbay Minerals Inc (NYSE:HBM)’s Major holders
Insiders own 0.08% of the company shares, while shares held by institutions stand at 75.07% with a share float percentage of 75.13%. Investors are also buoyed by the number of investors in a company, with Hudbay Minerals Inc having a total of 332.0 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.
