In a filing, Hudbay Minerals Inc revealed its Officer Del Rio Francisco Javier acquired Company’s shares for reported $55949.0 on Mar 20 ’25. In the deal valued at $1.66 per share,33,611 shares were bought.
Then, Carter Robert A bought 8,014 shares, generating $74,770 in total proceeds.
Before that, Del Rio Francisco Javier bought 47,568 shares. Hudbay Minerals Inc shares valued at $430,841 were divested by the Officer at a price of $9.06 per share.
Desjardins initiated its Hudbay Minerals Inc [HBM] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in mid August from “a Hold” to “a Buy”. Jefferies began covering HBM with “Hold” recommendation on May 03, 2024. BofA Securities revised its rating on April 09, 2024. It rated HBM as “a Buy” which previously was an “a Neutral”.
Price Performance Review of HBM
On Tuesday, Hudbay Minerals Inc [NYSE:HBM] saw its stock jump 2.03% to $7.05. Over the last five days, the stock has gained 15.76%. Hudbay Minerals Inc shares have fallen nearly -12.96% since the year began. Nevertheless, the stocks have fallen -7.48% over the past one year. While a 52-week high of $10.49 was reached on 02/10/25, a 52-week low of $5.95 was recorded on 04/07/25. SMA at 50 days reached $7.70, while 200 days put it at $8.32.
Levels Of Support And Resistance For HBM Stock
The 24-hour chart illustrates a support level at 6.86, which if violated will result in even more drops to 6.66. On the upside, there is a resistance level at 7.27. A further resistance level may holdings at 7.48. The Relative Strength Index (RSI) on the 14-day chart is 46.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.60%. Stochastics %K at 41.63% indicates the stock is a holding.
How much short interest is there in Hudbay Minerals Inc?
A steep rise in short interest was recorded in Hudbay Minerals Inc stocks on 2025-03-31, growing by 0.73 million shares to a total of 9.83 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 9.1 million shares. There was a rise of 7.43%, which implies that there is a positive sentiment for the stock.
