Raymond James Predicts Reduced Earnings for Hudbay Minerals

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Investment analysts at Raymond James dropped their Q1 2025 earnings estimates for shares of Hudbay Minerals in a report released on Tuesday, April 15th. Raymond James analyst F. Hamed now anticipates that the mining company will earn $0.09 per share for the quarter, down from their prior forecast of $0.13. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.

Other analysts have also recently issued reports about the company. National Bankshares cut their target price on Hudbay Minerals from C$15.50 to C$14.50 and set an “outperform” rating on the stock in a research note on Wednesday. Royal Bank of Canada lifted their price objective on Hudbay Minerals from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a research report on Thursday, March 13th. TD Securities decreased their target price on Hudbay Minerals from C$15.00 to C$14.00 and set a “buy” rating for the company in a report on Thursday, February 20th. Stifel Nicolaus lifted their price target on shares of Hudbay Minerals from C$16.00 to C$16.50 and gave the company a “buy” rating in a report on Thursday, January 30th. Finally, Jefferies Financial Group upped their price objective on shares of Hudbay Minerals from C$14.00 to C$17.00 in a report on Friday, April 4th. Twelve investment analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of C$15.64.

Hudbay Minerals Price Performance

Shares of Hudbay Minerals stock opened at C$9.78 on Thursday. The firm has a market cap of C$2.71 billion, a PE ratio of 27.54, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83. The company’s fifty day simple moving average is C$10.79 and its two-hundred day simple moving average is C$11.89. The company has a quick ratio of 0.85, a current ratio of 1.86 and a debt-to-equity ratio of 46.39. Hudbay Minerals has a 12-month low of C$8.49 and a 12-month high of C$14.33.

Hudbay Minerals Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 21st were given a $0.01 dividend. The ex-dividend date was Tuesday, March 4th. This represents a dividend yield of 0.1%. Hudbay Minerals’s dividend payout ratio is currently 5.63%.

Insider Buying and Selling

In related news, Director Peter Gerald Jan Kukielski purchased 9,300 shares of the stock in a transaction dated Friday, February 21st. The stock was purchased at an average price of C$10.76 per share, with a total value of C$100,068.00. Also, Senior Officer Francisco Javier Del Rio Del Aguila sold 12,959 shares of the stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of C$12.00, for a total transaction of C$155,508.00. Insiders have purchased 11,800 shares of company stock worth $127,418 in the last 90 days. 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.