Hudbay Minerals Inc.
Here’s whether Hudbay Minerals Inc. (HBM) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bullish.
Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); 50-day MA is rising (+7.33% over 10 days); RSI 52 — healthy momentum range; strong 1-year return of +168.1%; 3-month momentum positive (+14.0%); rising volume confirms the move (1.15x 30d avg). Currently 20.2% off its 52-week high. Score: +8/7.
HBM is in a confirmed uptrend, trading above both its 50-day ($24.62) and 200-day ($20.20) moving averages. An RSI of 52.3 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +168.1% compares to +24.4% for SPY (beat the market by 143.8%). The current 20.2% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.