Closing Bell: Hudbay Minerals Inc up on Wednesday (HBM)

Hudbay Minerals Inc opened trading today at $11.11 and closed at $11.52. Intraday prices ranged from $11.11 to $11.64.

Shares advanced 6.08 percent from the previous day's close of $10.86.

Today across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

Hudbay Minerals Inc has listed on the Toronto Stock Exchange (TSX) under the ticker HBM.

Trading volume was 2,777,216 on 8,520 total trades. On average, Hudbay Minerals Inc has traded 1,511,268 shares over 5 days and 1,509,454 year-to-date.

Trading across the entire TSX saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, HBM.TO has traded as high as $14.33 (May 21,2024) and low as $5.46 (November 10,2023). Moreover, in the last 12 months, Hudbay Minerals Inc's shares have surged 50.39%, while in 2024, they have boosted 58.02%.

It announced a 0.01 dividend on February 22/24, with an March 04/24 ex-date and March 22/24 pay day.

Following today's trading, Hudbay Minerals Inc has a market capitalization of $4.27 billion on a float of 393,463 shares outstanding. Its annual EPS is $0.24.

Hudbay Minerals Inc is a TSX Copper company headquartered in Toronto, CAN.

Hudbay Minerals Inc's average recommendation is "Strong Buy" based on 15.00 analysts according to Zacks. Currently, there are 14 buy ratings and 1 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..