why Hudbay Minerals Inc [HBM] is a Good Choice for Investors After New Price Target of $10.74

Hudbay Minerals Inc [NYSE: HBM] traded at a high on Tuesday, posting a 2.04 gain after which it closed the day’ session at $8.99.

The results of the trading session contributed to over 9694330 shares changing hands. Over the past one week, the price volatility of Hudbay Minerals Inc stands at 1.62% while the volatility over the past one month is 2.66%.

The market cap for HBM stock reached $3.55 billion, with 395.00 million shares outstanding and 394.18 million shares in the current float. Compared to the average trading volume of 7.32M shares, HBM reached a trading volume of 9694330 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Hudbay Minerals Inc [HBM]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HBM shares is $10.74 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HBM stock is a recommendation set at 1.06. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BMO Capital Markets have made an estimate for Hudbay Minerals Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 16, 2025. While these analysts kept the previous recommendation, Desjardins raised their target price to Buy. The new note on the price target was released on April 04, 2025, representing the official price target for Hudbay Minerals Inc stock.

The Average True Range (ATR) for Hudbay Minerals Inc is set at 0.35, with the Price to Sales ratio for HBM stock in the period of the last 12 months amounting to 1.74. The Price to Book ratio for the last quarter was 1.34, with the Price to Cash per share for the same quarter was set at 1.48. Price to Free Cash Flow for HBM in the course of the last twelve months was 17.06 with Quick ratio for the last quarter at 1.92.

How has HBM stock performed recently?

Hudbay Minerals Inc [HBM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.97. With this latest performance, HBM shares gained by 20.67% in over the last four-week period, additionally sinking by -0.33% over the last 6 months – not to mention a drop of -5.17% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HBM stock in for the last two-week period is set at 70.13, with the RSI for the last a single of trading hit 76.30, and the three-weeks RSI is set at 64.96 for Hudbay Minerals Inc [HBM]. The present Moving Average for the last 50 days of trading for this stock 7.67, while it was recorded at 8.63 for the last single week of trading, and 8.22 for the last 200 days.

Hudbay Minerals Inc [HBM]: Deeper insight into the fundamentals

Hudbay Minerals Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.92 and a Current Ratio set at 2.32.

Earnings analysis for Hudbay Minerals Inc [HBM]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HBM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Hudbay Minerals Inc go to 23.83%.

Insider trade positions for Hudbay Minerals Inc [HBM]

The top three institutional holders of HBM stocks are: GMT CAPITAL CORP with ownership of 38.75 million shares, which is approximately 10.5211%. VANGUARD GROUP INC, holding 14.78 million shares of the stock with an approximate value of $$133.8 million in HBM stocks shares; and VANGUARD GROUP INC, currently with $$111.69 million in HBM stock with ownership which is approximately 3.3513%.

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