Is Hudbay Minerals Inc (NYSE: HBM)’s Stock Ready To Increase In Value?

In today’s recent session, 2.41 million shares of the Hudbay Minerals Inc (NYSE:HBM) have been traded, and its beta is 1.60. Most recently the company’s share price was $9.95, and it changed around $0.26 or 2.68% from the last close, which brings the market valuation of the company to $3.93B. HBM at last check was trading at a discount to its 52-week high of $9.86, offering almost 0.9% off that amount. The share price’s 52-week low was $5.95, which indicates that the recent value has risen by an impressive 40.2% since then.

Hudbay Minerals Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.06. If we narrow it down even further, the data shows that 0 out of 16 analysts rate the stock as a Sell; another 8 rate it as Overweight. Among the rest, 0 recommended HBM as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight.

Hudbay Minerals Inc (NYSE:HBM) trade information

Instantly HBM has been showing a green trend so far today with a performance of 2.68% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 10.02 on recent trading dayincreased the stock’s daily price by 0.7%. The company’s shares are currently up 22.84% year-to-date, but still up 1.74% over the last five days. On the other hand, Hudbay Minerals Inc (NYSE:HBM) is 19.02% 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 3.77% 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 earnings are expected to increase by 43.62% in 2025, but the outlook is positive 23.98% per year for the next five years.

HBM Dividends

Hudbay Minerals Inc’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 0.14 percent and its annual dividend per share was 0.01. It is important to note, however, that the 0.14% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.

VANGUARD GROUP INC, with 4.0138% or 14.78 million shares worth $133.8 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

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