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Hudbay Minerals (HBM) Looks Good: Stock Adds 5% in Session

Zacks Equity Research
Updated

Hudbay Minerals Inc. HBM was a big mover last session, as the company saw its shares rise 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 9.9% in the past one-month time frame.

The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Hudbay Minerals currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.  

HudBay Minerals Inc Price

HudBay Minerals Inc Price | HudBay Minerals Inc Quote

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A better-ranked stock in the Mining - Miscellaneous industry is ANGLO AMER ADR NGLOY, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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