Hudbay Minerals Inc. (TSE:HBM – Free Report) (NYSE:HBM) – Investment analysts at National Bank Financial boosted their FY2025 earnings estimates for shares of Hudbay Minerals in a report released on Wednesday, November 13th. National Bank Financial analyst S. Nagle now expects that the mining company will post earnings of $0.95 per share for the year, up from their previous forecast of $0.92. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.
HBM has been the subject of a number of other research reports. Scotiabank increased their target price on shares of Hudbay Minerals from C$14.50 to C$15.00 and gave the stock an “outperform” rating in a report on Tuesday, October 8th. National Bankshares upped 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. Royal Bank of Canada lowered their price objective on Hudbay Minerals from C$18.00 to C$16.00 and set an “outperform” rating for the company in a research report on Tuesday, September 10th. Canaccord Genuity Group decreased their price target on shares of Hudbay Minerals from C$16.00 to C$15.00 in a research note on Monday, July 22nd. Finally, Stifel Canada upgraded shares of Hudbay Minerals to a “strong-buy” rating in a research note on Monday, July 22nd. Twelve analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of C$15.54.
Hudbay Minerals Price Performance
HBM stock opened at C$12.00 on Friday. The company’s 50-day moving average price is C$11.97 and its two-hundred day moving average price is C$11.90. Hudbay Minerals has a 12 month low of C$5.88 and a 12 month high of C$14.33. 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 firm has a market cap of C$4.72 billion, a P/E ratio of 32.43, a P/E/G ratio of 3.97 and a beta of 1.83.
Hudbay Minerals Dividend Announcement
The company also recently announced a 1 dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Friday, September 20th were given 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 payout ratio 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.
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