Analysts Offer Predictions for Hudbay Minerals Q1 Earnings

Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Equities research analysts at National Bank Financial lowered their Q1 2025 earnings per share estimates for Hudbay Minerals in a report released on Tuesday, April 15th. National Bank Financial analyst S. Nagle now anticipates that the mining company will post earnings per share of $0.07 for the quarter, down from their prior estimate of $0.14. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.12 per share.

HBM has been the topic of a number of other reports. Desjardins raised shares of Hudbay Minerals to a "moderate buy" rating in a research note on Thursday, April 3rd. Raymond James upped their price objective on shares of Hudbay Minerals from C$16.00 to C$17.00 in a research report on Friday, April 4th. Canaccord Genuity Group cut their price target on Hudbay Minerals from C$15.50 to C$14.00 and set a "buy" rating on the stock in a research note on Thursday, February 20th. Stifel Canada raised shares of Hudbay Minerals to a "strong-buy" rating in a research note on Wednesday, March 19th. Finally, National Bankshares lowered their price target on shares of Hudbay Minerals from C$15.50 to C$14.50 and set an "outperform" rating for the company in a report on Wednesday, April 16th. Eleven equities research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Hudbay Minerals has an average rating of "Buy" and a consensus target price of C$15.64.

Hudbay Minerals Price Performance

HBM stock traded up C$0.34 during mid-day trading on Thursday, hitting C$9.93. The stock had a trading volume of 510,042 shares, compared to its average volume of 1,893,240. The firm has a fifty day simple moving average of C$10.58 and a 200 day simple moving average of C$11.84. The firm has a market capitalization of C$2.75 billion, a P/E ratio of 27.96, a P/E/G ratio of 3.97 and a beta of 1.83. The company has a current ratio of 1.86, a quick ratio of 0.85 and a debt-to-equity ratio of 46.39. Hudbay Minerals has a 52 week low of C$8.49 and a 52 week high of C$14.33.

Insider Buying and Selling

In related news, Senior Officer Francisco Javier Del Rio Del Aguila sold 12,959 shares of Hudbay Minerals stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of C$12.00, for a total value of C$155,508.00. Also, Director Peter Gerald Jan Kukielski acquired 9,300 shares of Hudbay Minerals stock in a transaction on Friday, February 21st. The shares were purchased at an average cost of C$10.76 per share, with a total value of C$100,068.00. Over the last three months, insiders have acquired 11,800 shares of company stock worth $127,418. 0.07% of the stock is owned by company insiders.

Hudbay Minerals Announces Dividend

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

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.