Stifel Canada Predicts Reduced Earnings for Hudbay Minerals

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Investment analysts at Stifel Canada cut their FY2025 EPS estimates for Hudbay Minerals in a research report issued on Thursday, January 23rd. Stifel Canada analyst C. Mcgill now forecasts that the mining company will post earnings of $1.48 per share for the year, down from their prior estimate of $1.49. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share. Stifel Canada also issued estimates for Hudbay Minerals’ FY2027 earnings at $1.41 EPS.

HBM has been the topic of a number of other research reports. National Bankshares boosted their target price on Hudbay Minerals from C$15.50 to C$16.75 and gave the company an “outperform” rating in a report on Tuesday, October 15th. Scotiabank boosted their price objective on shares of Hudbay Minerals from C$14.50 to C$15.00 and gave the company an “outperform” rating in a research note on Tuesday, October 8th. Finally, Jefferies Financial Group raised their target price on shares of Hudbay Minerals from C$14.00 to C$15.00 in a research note on Friday, October 4th. Twelve analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Hudbay Minerals presently has a consensus rating of “Buy” and an average price target of C$15.54.

Hudbay Minerals Stock Performance

Shares of HBM stock opened at C$12.17 on Friday. Hudbay Minerals has a 52-week low of C$6.72 and a 52-week high of C$14.33. The stock’s 50-day moving average price is C$12.34 and its 200 day moving average price is C$11.85. The company has a quick ratio of 0.85, a current ratio of 1.87 and a debt-to-equity ratio of 49.37. The stock has a market capitalization of C$4.79 billion, a PE ratio of 32.89, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83.

Insider Transactions at Hudbay Minerals

In related news, Senior Officer Robert Alan Carter sold 8,014 shares of the business’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of C$13.24, for a total value of C$106,105.36. Corporate insiders own 0.07% of the company’s stock.

About Hudbay Minerals

Hudbay Minerals Inc, a diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America. It produces copper concentrates containing gold, silver, and molybdenum; gold concentrates containing zinc; zinc concentrates; molybdenum concentrates; and silver/gold doré.