FY2025 EPS Forecast for Hudbay Minerals Increased by Analyst

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Research analysts at Stifel Canada raised their FY2025 earnings per share estimates for shares of Hudbay Minerals in a research report issued on Tuesday, October 15th. Stifel Canada analyst C. Mcgill now expects that the mining company will earn $1.71 per share for the year, up from their previous estimate of $1.51. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.

Several other research analysts also recently issued reports on HBM. Jefferies Financial Group upped their price objective on Hudbay Minerals from C$14.00 to C$15.00 in a report on Friday, October 4th. Royal Bank of Canada cut their price target on Hudbay Minerals from C$18.00 to C$16.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 10th. Eight Capital increased their price target on Hudbay Minerals from C$14.50 to C$18.00 in a research note on Thursday, July 11th. Canaccord Genuity Group cut their price target on Hudbay Minerals from C$16.00 to C$15.00 in a research note on Monday, July 22nd. Finally, National Bankshares increased their price target on Hudbay Minerals from C$15.50 to C$16.75 and gave the company an “outperform” rating in a research note on Tuesday. Twelve analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$15.54.

Hudbay Minerals Stock Up 3.1 %

TSE:HBM opened at C$13.10 on Friday. The stock’s fifty day moving average price is C$11.13 and its two-hundred day moving average price is C$11.57. Hudbay Minerals has a 52-week low of C$5.46 and a 52-week high of C$14.33. The company has a debt-to-equity ratio of 49.37, a quick ratio of 0.85 and a current ratio of 1.87. The company has a market cap of C$5.16 billion, a price-to-earnings ratio of 35.41, a P/E/G ratio of 3.97 and a beta of 1.83.

Hudbay Minerals Announces Dividend

The company also recently disclosed a 1 dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Friday, September 20th were paid a $0.02 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a yield of 0.09%. Hudbay Minerals’s dividend payout ratio (DPR) is 5.41%.

Hudbay Minerals Company Profile

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.