FY2025 EPS Estimates for Hudbay Minerals Cut by Analyst

Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Haywood Securities reduced their FY2025 earnings estimates for Hudbay Minerals in a note issued to investors on Wednesday, March 12th. Haywood Securities analyst P. Vaillancourt now anticipates that the mining company will post earnings of $0.79 per share for the year, down from their prior forecast of $1.19. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.12 per share. Haywood Securities also issued estimates for Hudbay Minerals' FY2026 earnings at $1.28 EPS, FY2027 earnings at $1.24 EPS, FY2028 earnings at $1.19 EPS and FY2029 earnings at $0.65 EPS.

Several other brokerages have also recently weighed in on HBM. TD Securities decreased their price objective on shares of Hudbay Minerals from C$15.00 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. Stifel Nicolaus increased their price target on shares of Hudbay Minerals from C$16.00 to C$16.50 and gave the company a "buy" rating in a research note on Thursday, January 30th. Royal Bank of Canada increased their price target on shares of Hudbay Minerals from C$15.00 to C$16.00 and gave the company an "outperform" rating in a research note on Thursday, March 13th. Finally, Canaccord Genuity Group decreased their price target on shares of 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. Thirteen investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of C$15.18.

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Hudbay Minerals Price Performance

Hudbay Minerals stock traded up C$0.03 during trading hours on Monday, hitting C$11.98. 1,440,052 shares of the stock were exchanged, compared to its average volume of 1,871,565. The company has a debt-to-equity ratio of 46.39, a quick ratio of 0.85 and a current ratio of 1.86. The stock has a market capitalization of C$3.32 billion, a P/E ratio of 33.74, a P/E/G ratio of 3.97 and a beta of 1.83. Hudbay Minerals has a 12 month low of C$9.08 and a 12 month high of C$14.33. The business's 50-day moving average is C$11.71 and its two-hundred day moving average is C$11.90.

Insider Buying and Selling

In related news, Director Peter Gerald Jan Kukielski bought 9,300 shares of the business's stock in a transaction dated Friday, February 21st. The stock was bought at an average price of C$10.76 per share, for a total transaction of C$100,068.00. 0.07% of the stock is currently owned by company insiders.

Hudbay Minerals Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 21st will be issued a dividend of $0.01 per share. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a dividend yield of 0.1%. Hudbay Minerals's payout ratio is 5.63%.

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.