Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Hudbay Minerals Inc (NYSE: HBM) weakened during the last several trading days. HBM’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Hudbay Minerals Inc (NYSE: HBM) stock suffered a large decline of -5.4% on 12/13/24. The stock closed at $8.66. Moreover, this decline was accompanied by exceptionally high trading volume at 283% of normal. The stock has declined -4.4% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
HuDBAy Minerals has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. HuDBAy Minerals has a neutral Appreciation Score of 57 and a slightly positive Power Rating of 67, triggering the High Neutral Value Trend Rating.
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