What does Average Directional Index Predict about HudBay Minerals, Inc. (NYSE:HBM)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of HudBay Minerals, Inc. (NYSE:HBM) for the period of 9-Day stands at 38.75% while the stochastic %D for the same period stands at 53.95%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of HudBay Minerals, Inc. (NYSE:HBM) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for HudBay Minerals, Inc. (NYSE:HBM) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently HudBay Minerals, Inc. (NYSE:HBM)’s 20-Day Bollinger Band indicates “Hold”.

About Company

HudBay Minerals Inc. is a mining company and engages in discovery, production and marketing of base metals in North and Central America. It owns zinc and copper mines, concentrators and metal production facilities in northern Manitoba and Saskatchewan, zinc oxide production facility in Ontario, copper refinery in Michigan and nickel project in Guatemala. In addition to its primary products, zinc and copper, HudBay also produces gold, silver and zinc oxide. HudBay Minerals Inc. is headquartered in Toronto, Canada.

Previous Day Activity Analysis

On the last trading day, HudBay Minerals, Inc. (NYSE:HBM) opened the session at $7.95 and after going down -2.48% closed at $7.85. The stock lost -0.1 points in the last trade.

HudBay Minerals, Inc. (NYSE:HBM)’s stock fluctuated in the range of $7.75 and $8.13 during the previous active session. HudBay Minerals, Inc. (NYSE:HBM) traded with the volume of 1.15 Million with average volume of 697.23 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 0 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.35 and 49.67 respectively.

Currently the Insider Ownership of the shares of HudBay Minerals, Inc. (NYSE:HBM) is at 0.17% and the shares outstanding are 237.27 Million.

Important Ratio Analysis

Some important ratios to consider here for HudBay Minerals, Inc. (NYSE:HBM) are discussed below:

Dividend yield of HudBay Minerals, Inc. (NYSE:HBM) stands at 0.25% whereas Price to Earnings P/E ratio stands at 196.25 while Forward P/E shows the value of 10.61.

The PEG ratio (Price to Earning to Growth) emits the value of 23.56. The Price to Sale P/S and Price to Book P/B shows the value of 1.54 and 1.04 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 0 and 0 correspondingly.

The Quick Ratio of HudBay Minerals, Inc. (NYSE:HBM) stands at 0 while the Current Ratio depicts the value of 0.

Return on Assets ROA of HudBay Minerals, Inc. (NYSE:HBM) is at 0% whereas, Return on Equity ROE and Return of Investment ROI of HudBay Minerals, Inc. (NYSE:HBM) stand at 0% and 0% respectively.

Stock Performance Analysis

The stock performance of HudBay Minerals, Inc. (NYSE:HBM) on the basis of 5 day trade show the dip of -1.88% whereas, the monthly performance of the stock shows increase of 2.61%.

The quarterly performance of the stock remained in green zone with the value of 21.71% while six month performance of the shares of HudBay Minerals, Inc. (NYSE:HBM) remained bullish with the count of 30.83%.

The yearly and YTD performance of HudBay Minerals, Inc. (NYSE:HBM) remained up at 89.16% and 37.72% respectively.