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HBM: Riding the Market Waves of Growth and Decline in 2023

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 65.40%. However, over the last six months, the performance has been stronger by -1.83%. The price of HBM decreased -2.14% over the last 30 days. And in the last five days, it has surged by 7.03%.

The market performance of Hudbay Minerals Inc has been somewhat stable. Over the past year, the company’s stock achieved a high of $10.49 on 05/21/24, with the lowest value for the same timeframe being $4.34, recorded on 11/28/23.

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52-week price history of HBM Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Hudbay Minerals Inc’s current trading price is -12.96% away from its 52-week high, while its distance from the 52-week low is 110.13%. The stock’s price range over this timeframe has been between $4.34 and $10.49. The shares of the Basic Materials sector company recorded a trading volume of approximately 2.64 million for the day, which was comparatively lower than the average daily volume of 3.41 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Hudbay Minerals Inc (HBM) has experienced a quarterly rise of 11.75% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.03B and boasts a workforce of 2708 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 8.47, with a change in price of -0.04. Similarly, Hudbay Minerals Inc recorded 3,438,598 in trading volume during the last 100 days, posting a change of -0.44%.

HBM’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for HBM stands at 0.46. Similarly, the long-term debt-to-equity ratio is also 0.45.

HBM Stock Stochastic Average

Hudbay Minerals Inc’s raw stochastic average for the past 50 days is currently at 71.81%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 53.80%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 50.84% and 43.81%, respectively.