logo

[breadcrumb_custom]

Hudbay Minerals Inc. (HBM) Stock: A Year of Highs and Lows in the Market

A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Hudbay Minerals Inc.’s current trading price is 3.35% away from its 52-week high, while its distance from the 52-week low is 88.07%. The stock’s price range for this time frame has been between $3.94 and $7.17. The trading volume of the company’s shares in the Basic Materials reached around 3.8 million for the day, which was evidently higher than the average daily volume of 2.08 million over the last three months.

Hudbay Minerals Inc.’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $7.17 on 04/03/24, with the lowest value being $3.94 on 11/10/23.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

How Financial Performance Impacts Market Capitalization

Hudbay Minerals Inc. (HBM) has experienced a quarterly rise of 35.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.60B.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.50, with a change in price of +3.05. Similarly, Hudbay Minerals Inc. recorded 2,118,325 in trading volume during the last 100 days, posting a change of +69.95%.

How HBM’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for HBM stands at 0.66. Similarly, the long-term debt-to-equity ratio is also 0.64.

HBM Stock Stochastic Average

The raw stochastic average for Hudbay Minerals Inc. over the last 50 days is presently at 99.64%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 99.32%. Further, the company’s Stochastic %K and %D values for the last 20 days were 94.90% and 92.45%, respectively.

HBM Stock Price Performance Analysis

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded an increase of 34.24%. However, over the last six months, the performance has been weaker by 66.52%. The price of HBM increased 20.49% over the last 30 days. And in the last five days, it has surged by 9.94%.

On Key

Related Posts