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 (NYSE: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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