Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Research analysts at Cormark upped their FY2025 earnings per share estimates for Hudbay Minerals in a note issued to investors on Tuesday, January 7th. Cormark analyst S. Ioannou now forecasts that the mining company will post earnings of $1.32 per share for the year, up from their previous estimate of $1.29. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.12 per share.
Other equities analysts have also issued reports about the stock. National Bankshares raised their price objective on shares of Hudbay Minerals from C$15.50 to C$16.75 and gave the company an "outperform" rating in a research report on Tuesday, October 15th. Scotiabank raised their price target on shares of Hudbay Minerals from C$14.50 to C$15.00 and gave the company an "outperform" rating in a report on Tuesday, October 8th. Finally, Jefferies Financial Group upped their price target on shares of Hudbay Minerals from C$14.00 to C$15.00 in a report on Friday, October 4th. Twelve investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Buy" and an average price target of C$15.54.
View Our Latest Stock Analysis on Hudbay Minerals
Hudbay Minerals Price Performance
TSE HBM traded up C$0.27 during trading hours on Thursday, hitting C$12.96. The company had a trading volume of 522,992 shares, compared to its average volume of 1,307,439. The firm has a 50 day simple moving average of C$12.38 and a 200 day simple moving average of C$11.83. Hudbay Minerals has a 52 week low of C$6.72 and a 52 week high of C$14.33. The firm has a market capitalization of C$5.10 billion, a price-to-earnings ratio of 35.03, a PEG ratio of 3.97 and a beta of 1.83. The company has a debt-to-equity ratio of 49.37, a quick ratio of 0.85 and a current ratio of 1.87.
Insider Transactions at Hudbay Minerals
In other news, Senior Officer Robert Alan Carter sold 8,014 shares of the company's stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of C$13.24, for a total value of C$106,105.36. Company insiders own 0.07% of the company's stock.
About Hudbay Minerals
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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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