HomeMost PopularHBM Experiences Significant Drop Below Key Moving Average

HBM Experiences Significant Drop Below Key Moving Average

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Hudbay Minerals Shares Dip Below Key Moving Average

Trading Update: HBM Hits $8.47 Amid Market Fluctuations

On Monday, investors saw shares of Hudbay Minerals Inc (Symbol: HBM) fall below their 200-day moving average. The stock reached a low of $8.47 per share, which reflects a decline of about 1.5% for the day. The accompanying chart illustrates the one-year performance of HBM shares in relation to their moving average:

Hudbay Minerals Inc 200 Day Moving Average Chart

Over the past year, HBM’s stock has fluctuated significantly, with a low point at $4.94 and a high of $10.49. As of the last trade, the shares were priced at $8.60.


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nslideshow Click here to find out which 9 other metals stocks recently crossed below their 200-day moving average »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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