Hudbay Minerals Inc. (NYSE:HBM – Free Report) (TSE:HBM) – Research analysts at Cormark cut their FY2025 EPS estimates for Hudbay Minerals in a note issued to investors on Tuesday, January 7th. Cormark analyst S. Ioannou now anticipates that the mining company will earn $0.92 per share for the year, down from their prior forecast of $0.93. The consensus estimate for Hudbay Minerals’ current full-year earnings is $0.55 per share. Cormark also issued estimates for Hudbay Minerals’ Q4 2025 earnings at $0.17 EPS.
Separately, StockNews.com raised Hudbay Minerals from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Five research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Hudbay Minerals presently has a consensus rating of “Buy” and a consensus price target of $11.17.
Hudbay Minerals Stock Down 0.5 %
Shares of NYSE:HBM opened at $8.77 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.47 and a debt-to-equity ratio of 0.44. The stock has a fifty day simple moving average of $8.74 and a two-hundred day simple moving average of $8.54. Hudbay Minerals has a 12-month low of $4.94 and a 12-month high of $10.49. The stock has a market capitalization of $3.45 billion, a price-to-earnings ratio of 38.13 and a beta of 1.76.
Hudbay Minerals (NYSE:HBM – Get Free Report) (TSE:HBM) last announced its earnings results on Wednesday, November 13th. The mining company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.09. Hudbay Minerals had a net margin of 4.23% and a return on equity of 7.44%. The business had revenue of $485.80 million during the quarter, compared to the consensus estimate of $454.47 million. During the same quarter last year, the firm earned $0.07 earnings per share. The business’s revenue for the quarter was up 1.1% on a year-over-year basis.
Institutional Trading of Hudbay Minerals
Institutional investors have recently added to or reduced their stakes in the business. Prospera Private Wealth LLC bought a new position in Hudbay Minerals during the third quarter valued at approximately $28,000. Exchange Traded Concepts LLC purchased a new stake in Hudbay Minerals during the 3rd quarter valued at $53,000. Clear Harbor Asset Management LLC bought a new position in shares of Hudbay Minerals during the 3rd quarter valued at $92,000. Armistice Capital LLC purchased a new position in shares of Hudbay Minerals in the 2nd quarter worth $97,000. Finally, First Affirmative Financial Network bought a new stake in shares of Hudbay Minerals in the third quarter worth $103,000. 57.82% of the stock is currently owned by hedge funds and other institutional investors.
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.
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