Why Is It Moving? Looking At Hudbay Minerals's Price Action Today

The Price And Volume Action In Hudbay Minerals's Stock Today

Hudbay Minerals's HBM stock has been rising Wednesday, up 4.05% to a price of $7.12. The stock's current volume for the day is 184.59 thousand, which is approximately 11.41% of its previous 30-day average volume of 1.62 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Hudbay Minerals shares are trading higher after RBC Capital upgraded the stock from Sector Perform to Outperform and announces a price target of C$13 per share.

Perspective On Recent Price Action

The stock's 50-day moving average was $6.82 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $8.39 and fallen to a low of $1.63.

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