Stocks of Hudbay Minerals Inc (NYSE:HBM) traded higher last session on Wall Street, up 2.20% to $8.81.
HBM stock price is now 0.08% away from the 50-day moving average and 3.22% away from the 200-day moving average. The market capitalization of the company currently stands at $3.09B.
, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, Carter Robert A, Officer bought 8,014 shares of the company’s stock on Dec 10 ’24. The stock was bought for $74,770 at an average price of $9.33. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 27 ’24, Officer Del Rio Francisco Javier bought 47,568 shares of the business’s stock. A total of $430,841 was incurred on buying the stock at an average price of $9.06. A total of 0.18% of the company’s stock is owned by insiders.
During the past 12 months, Hudbay Minerals Inc has had a low of $4.94 and a high of $10.49. As of last week, the company has a debt-to-equity ratio of 0.46, a current ratio of 1.86, and a quick ratio of 1.47. The fifty day moving average price for HBM is $8.803 and a two-hundred day moving average price translates $8.53555 for the stock.
The latest earnings results from Hudbay Minerals Inc (NYSE: HBM) was released for 2024-06-30. The net profit margin was 4.35% and return on equity was 3.76% for HBM. The company reported revenue of $485.77 million for the quarter, compared to $480.46 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.11 percent.
