Hudbay Minerals Inc. (NYSE:HBM - Free Report) TSE: HBM - Equities researchers at Cormark lowered their FY2025 earnings per share estimates for Hudbay Minerals in a research report issued on Tuesday, January 7th. Cormark analyst S. Ioannou now forecasts that the mining company will earn $0.92 per share for the year, down from their prior estimate 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.
Hudbay Minerals (NYSE:HBM - Get Free Report) TSE: HBM last released its quarterly earnings results on Wednesday, November 13th. The mining company reported $0.13 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $454.47 million. During the same period last year, the firm earned $0.07 earnings per share. The company's quarterly revenue was up 1.1% on a year-over-year basis.
Separately, StockNews.com upgraded Hudbay Minerals from a "hold" rating to a "buy" rating in a research note on Friday, November 15th. Five research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $11.17.
Read Our Latest Report on Hudbay Minerals
Hudbay Minerals Stock Performance
NYSE HBM traded down $0.04 on Friday, reaching $8.77. 5,221,828 shares of the stock were exchanged, compared to its average volume of 5,356,055. The company has a current ratio of 1.86, a quick ratio of 1.47 and a debt-to-equity ratio of 0.44. Hudbay Minerals has a one year low of $4.94 and a one year high of $10.49. The firm has a market capitalization of $3.45 billion, a PE ratio of 38.13 and a beta of 1.76. The company's 50-day simple moving average is $8.74 and its two-hundred day simple moving average is $8.54.
Hedge Funds Weigh In On Hudbay Minerals
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Prospera Private Wealth LLC bought a new stake in shares of Hudbay Minerals in the 3rd quarter valued at approximately $28,000. Exchange Traded Concepts LLC bought a new stake in Hudbay Minerals in the third quarter worth $53,000. Clear Harbor Asset Management LLC purchased a new position in Hudbay Minerals during the third quarter worth $92,000. Armistice Capital LLC bought a new position in Hudbay Minerals during the second quarter valued at $97,000. Finally, First Affirmative Financial Network purchased a new stake in shares of Hudbay Minerals in the third quarter valued at $103,000. 57.82% of the stock is owned by institutional investors.
Hudbay Minerals Company Profile
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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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