The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Hudbay Minerals Inc shares valued at $55,949 were purchased by Del Rio Francisco Javier on Mar 20 ’25. At $1.66 per share, Del Rio Francisco Javier acquired 33,611 shares.
Also, Carter Robert A purchased 8,014 shares, netting a total of over 74,770 in proceeds.
Before that, Del Rio Francisco Javier had added 47,568 shares to its account. In a trade valued at $430,841, the Officer bought Hudbay Minerals Inc shares for $9.06 each.
Analysts at Desjardins started covering the stock with ‘”a Buy”‘ outlook in a report released in early April. As of August 14, 2024, Jefferies has increased its “Hold” rating to a “Buy” for HBM. Earlier on May 03, 2024, Jefferies initiated its rating. Their recommendation was “a Hold” for HBM stock.
Analyzing HBM Stock Performance
During the last five days, there has been a surge of approximately 7.08%. Over the course of the year, Hudbay Minerals Inc shares have dropped approximately -6.67%. Shares of the company reached a 52-week high of $9.73 on 02/10/25 and a 52-week low of $5.95 on 04/07/25. A 50-day SMA is recorded $7.47, while a 200-day SMA reached $8.25.
Support And Resistance Levels for Hudbay Minerals Inc (HBM)
According to the 24-hour chart, there is a support level at 7.38, which, if violated, would cause prices to drop to 7.20. In the upper region, resistance lies at 7.70. The next price resistance is at 7.84. RSI (Relative Strength Index) is 55.17 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.45, which suggests the price will decrease in the coming days. Percent R is at 5.85%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
