Hudbay Minerals Stock Today

HBM Stock  CAD 12.62  0.12  0.94%   

Performance

7 of 100

 
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Odds Of Distress

Less than 1

 
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HudBay Minerals is selling at 12.62 as of the 26th of November 2024; that is 0.94 percent decrease since the beginning of the trading day. The stock's open price was 12.74. HudBay Minerals has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for HudBay Minerals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Hudbay Minerals Inc., a diversified mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America. HudBay Minerals Inc. was founded in 1927 and is headquartered in Toronto, Canada. The company has 393.93 M outstanding shares of which 8.56 M shares are currently shorted by private and institutional investors with about 6.6 days to cover all short positions. More on HudBay Minerals

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HudBay Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. HudBay Minerals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding HudBay Minerals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOPeter Kukielski
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Copper, Basic Materials (View all Sectors)
HudBay Minerals' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to HudBay Minerals' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
HudBay Minerals can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand HudBay Minerals' financial leverage. It provides some insight into what part of HudBay Minerals' total assets is financed by creditors.
Liquidity
HudBay Minerals cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. HudBay Minerals has accumulated 1.38 B in total debt with debt to equity ratio (D/E) of 0.74, which is about average as compared to similar companies. HudBay Minerals has a current ratio of 2.17, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist HudBay Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, HudBay Minerals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like HudBay Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for HudBay to invest in growth at high rates of return. When we think about HudBay Minerals' use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

16.85 Million
HudBay Minerals (HBM) is traded on Toronto Exchange in Canada and employs 29 people. HudBay Minerals is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate HudBay Minerals's market, we take the total number of its shares issued and multiply it by HudBay Minerals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. HudBay Minerals operates under Metals & Mining sector and is part of Materials industry. The entity has 393.93 M outstanding shares of which 8.56 M shares are currently shorted by private and institutional investors with about 6.6 days to cover all short positions. HudBay Minerals has accumulated about 270.99 M in cash with 476.85 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.72.
Check HudBay Minerals Probability Of Bankruptcy
Ownership Allocation
HudBay Minerals has a total of 393.93 Million outstanding shares. The majority of HudBay Minerals outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in HudBay Minerals to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in HudBay Minerals. Please pay attention to any change in the institutional holdings of HudBay Minerals as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check HudBay Ownership Details

HudBay Minerals Risk Profiles

Although HudBay Minerals' alpha and beta are two of the key measurements used to evaluate HudBay Minerals' performance over the market, the standard measures of volatility play an important role as well.

HudBay Stock Against Markets

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Our tools can tell you how much better you can do entering a position in HudBay Minerals without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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HudBay Minerals Corporate Directors

Colin OsborneIndependent DirectorProfile
Sarah KavanaghIndependent DirectorProfile
Carol BanducciIndependent DirectorProfile
Igor GonzalesIndependent DirectorProfile
When determining whether HudBay Minerals is a strong investment it is important to analyze HudBay Minerals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact HudBay Minerals' future performance. For an informed investment choice regarding HudBay Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HudBay Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Please note, there is a significant difference between HudBay Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if HudBay Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HudBay Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.