Q1 EPS Estimates for Hudbay Minerals Decreased by Analyst

Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Stock analysts at National Bank Financial lowered their Q1 2025 earnings estimates for shares of Hudbay Minerals in a report issued on Wednesday, February 19th. National Bank Financial analyst S. Nagle now anticipates that the mining company will post earnings per share of $0.14 for the quarter, down from their prior forecast of $0.24. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.12 per share.

HBM has been the topic of several other research reports. National Bankshares reduced their price target on shares of Hudbay Minerals from C$17.00 to C$15.50 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. Stifel Nicolaus upped their target price on shares of Hudbay Minerals from C$16.00 to C$16.50 and gave the stock a "buy" rating in a research report on Thursday, January 30th. Canaccord Genuity Group lowered their price target on shares of Hudbay Minerals from C$15.50 to C$14.00 and set a "buy" rating for the company in a report on Thursday, February 20th. Scotiabank reduced their price objective on Hudbay Minerals from C$15.50 to C$14.00 and set an "outperform" rating on the stock in a report on Thursday, February 20th. Finally, Royal Bank of Canada cut their target price on shares of Hudbay Minerals from C$16.00 to C$15.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. Thirteen investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Hudbay Minerals has a consensus rating of "Buy" and an average price target of C$15.12.

Hudbay Minerals Price Performance

Hudbay Minerals stock traded down C$0.16 on Friday, reaching C$10.17. The company's stock had a trading volume of 2,627,772 shares, compared to its average volume of 1,690,520. The business's fifty day moving average price is C$12.18 and its 200 day moving average price is C$11.89. 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 company has a market cap of C$2.82 billion, a price-to-earnings ratio of 28.64, a PEG ratio of 3.97 and a beta of 1.83. Hudbay Minerals has a twelve month low of C$7.37 and a twelve month high of C$14.33.

Insiders Place Their Bets

In other news, Director Peter Gerald Jan Kukielski bought 9,300 shares of the stock in a transaction on Friday, February 21st. The stock was purchased at an average price of C$10.76 per share, for a total transaction of C$100,068.00. Also, Senior Officer Robert Alan Carter sold 8,014 shares of the business's stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of C$13.24, for a total transaction of C$106,105.36. Corporate insiders own 0.07% of the company's stock.

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.