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Thursday, April 5, 2012
Abnormal Volume Spotted - (TSE: HBM.TO)
HudBay Minerals Inc. (TSE: HBM): traded higher by 2.91% or $0.31/share to $10.96. In the past year, the shares have traded as low as $9.14 and as high as $16.81. On average, 626073 shares of HBM.TO exchange hands on a given day and today's volume is recorded at 1503641. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $11.55 represents resistance and the 200-day moving average of $10.91 would be an area of support.
