Hudbay Minerals Inc. (NYSE:HBM) Shares Slipping Lower

Shares of Hudbay Minerals Inc. (NYSE:HBM) have been moving lower in early trading. At the time of writing, the stock had slid down -6.12% since the open. This downward move has put the stock in the top loser category moving into the second half of the trading period.Hudbay Minerals Inc. (NYSE:HBM) is seeing declines so far in today’s trading session.  Shares are moving -6.12% lower on solid volume. The stock has landed on the top loser list for the day according to Finviz data.  

Hudbay Minerals Inc.(NYSE:HBM)‘s stock has performed at -14.04% year to date.  Breaking that down further, it has performed -14.04% for the week, -6.67% for the month, -34.23% over the last quarter, -23.44% for the past half-year and -1.80% for this last year. 

Hudbay Minerals Inc.’s stock is   -11.62% away from its 20-Day Simple Moving Average.  Extending back, their stock is trading -17.95% from the 50-Day Simple Moving Average, looking even further back, they are trading -22.63% off of the 200-Day Simple Moving Average.  In comparing the current level to recent highs and lows, the stock is -33.28% from the 50-Day High and -3.16% off the 50-day low.

 We should also note their 52-Week High and Low:  the shares currently trade -49.73% away from their high and 28.85% from the low.

RECOMMENDATIONS

Considering the above information, analysts have given a consensus recommendation of 1.40.  This is according to the brokerage firms polled by Thomson Reuters.  

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