Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Stock analysts at National Bank Financial lifted their FY2025 earnings estimates for Hudbay Minerals in a report issued on Wednesday, November 13th. National Bank Financial analyst S. Nagle now anticipates that the mining company will earn $0.95 per share for the year, up from their prior 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 several other research reports. Stifel Nicolaus increased their price objective on shares of Hudbay Minerals from C$15.00 to C$16.00 and gave the company a "buy" rating in a research report on Monday, July 22nd. Royal Bank of Canada decreased their target price on shares of Hudbay Minerals from C$18.00 to C$16.00 and set an "outperform" rating for the company in a research note on Tuesday, September 10th. Scotiabank upped their price objective on shares of Hudbay Minerals from C$14.50 to C$15.00 and gave the stock an "outperform" rating in a research report on Tuesday, October 8th. National Bankshares increased their target price 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. Finally, Jefferies Financial Group increased their target price on shares of Hudbay Minerals from C$14.00 to C$15.00 in a research note on Friday, October 4th. Twelve research 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.com, the stock has an average rating of "Buy" and an average price target of C$15.54.
Check Out Our Latest Research Report on HBM
Hudbay Minerals Price Performance
Shares of HBM traded down C$0.05 during mid-day trading on Friday, reaching C$11.95. The stock had a trading volume of 840,795 shares, compared to its average volume of 1,581,363. The company has a debt-to-equity ratio of 49.37, a quick ratio of 0.85 and a current ratio of 1.87. The business has a fifty day moving average of C$11.97 and a 200 day moving average of C$11.90. Hudbay Minerals has a 12 month low of C$5.88 and a 12 month high of C$14.33. The firm has a market cap of C$4.70 billion, a price-to-earnings ratio of 32.43, a PEG ratio of 3.97 and a beta of 1.83.
Hudbay Minerals Announces Dividend
The business also recently announced a 1 dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Friday, September 20th were issued a dividend of $0.02 per share. This represents a yield of 0.09%. The ex-dividend date of this dividend was Friday, September 20th. Hudbay Minerals's payout ratio is presently 5.41%.
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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