Q1 EPS Estimates for Hudbay Minerals Cut by Raymond James

Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Stock analysts at Raymond James reduced their Q1 2025 EPS estimates for shares of Hudbay Minerals in a research report issued on Tuesday, April 15th. Raymond James analyst F. Hamed now expects that the mining company will post earnings of $0.09 per share for the quarter, down from their previous estimate of $0.13. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.12 per share.

HBM has been the subject of a number of other research reports. Stifel Nicolaus boosted their price objective on shares of Hudbay Minerals from C$16.00 to C$16.50 and gave the company a "buy" rating in a report on Thursday, January 30th. Desjardins upgraded shares of Hudbay Minerals to a "moderate buy" rating in a research report on Thursday, April 3rd. Canaccord Genuity Group reduced their target price on Hudbay Minerals from C$15.50 to C$14.00 and set a "buy" rating on the stock in a report on Thursday, February 20th. Royal Bank of Canada raised their price target on Hudbay Minerals from C$15.00 to C$16.00 and gave the stock an "outperform" rating in a research report on Thursday, March 13th. Finally, BMO Capital Markets upgraded Hudbay Minerals to a "strong-buy" rating in a report on Tuesday, April 15th. Eleven equities research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of C$15.64.

Hudbay Minerals Trading Up 3.5 %

TSE:HBM traded up C$0.34 during mid-day trading on Thursday, hitting C$9.93. The company had a trading volume of 510,042 shares, compared to its average volume of 1,893,240. The firm has a market cap of C$2.75 billion, a P/E ratio of 27.96, a P/E/G ratio of 3.97 and a beta of 1.83. Hudbay Minerals has a fifty-two week low of C$8.49 and a fifty-two week high of C$14.33. The business's fifty day moving average is C$10.58 and its two-hundred day moving average is C$11.84. The company has a debt-to-equity ratio of 46.39, a quick ratio of 0.85 and a current ratio of 1.86.

Insider Buying and Selling

In other Hudbay Minerals news, Director Peter Gerald Jan Kukielski purchased 9,300 shares of the company's stock in a transaction that occurred on Friday, February 21st. The shares were acquired at an average price of C$10.76 per share, for a total transaction of C$100,068.00. Also, Senior Officer Francisco Javier Del Rio Del Aguila sold 12,959 shares of Hudbay Minerals stock in a transaction on Thursday, March 20th. The stock was sold at an average price of C$12.00, for a total transaction of C$155,508.00. Over the last three months, insiders have bought 11,800 shares of company stock worth $127,418. Insiders own 0.07% of the company's stock.

Hudbay Minerals Announces Dividend

The company also recently announced a dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 21st were paid a $0.01 dividend. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a dividend yield of 0.1%. Hudbay Minerals's dividend payout ratio is presently 5.63%.

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.