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Scotiabank Increases Earnings Estimates for Hudbay Minerals

Hudbay Minerals logo with Basic Materials background

Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Equities research analysts at Scotiabank lifted their FY2026 EPS estimates for Hudbay Minerals in a report released on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw now anticipates that the mining company will earn $0.77 per share for the year, up from their prior estimate of $0.48. Scotiabank has a "Outperform" rating and a $15.00 price objective on the stock. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.12 per share.

HBM has been the topic of a number of other research reports. Jefferies Financial Group increased their price objective on shares of Hudbay Minerals from C$14.00 to C$15.00 in a research report on Friday, October 4th. National Bankshares increased their price objective on shares of Hudbay Minerals from C$15.50 to C$16.75 and gave the stock an "outperform" rating in a research report on Tuesday, October 15th. Twelve research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of C$15.54.

Read Our Latest Research Report on Hudbay Minerals

Hudbay Minerals Trading Down 2.5 %

HBM traded down C$0.33 during trading on Friday, reaching C$12.63. 1,223,275 shares of the stock traded hands, compared to its average volume of 1,295,415. The company has a quick ratio of 0.85, a current ratio of 1.87 and a debt-to-equity ratio of 49.37. The stock has a market capitalization of C$4.97 billion, a PE ratio of 34.14, a P/E/G ratio of 3.97 and a beta of 1.83. The stock's 50-day moving average is C$12.38 and its 200 day moving average is C$11.83. Hudbay Minerals has a 12 month low of C$6.72 and a 12 month high of C$14.33.

Insider Buying and Selling at Hudbay Minerals

In related news, Senior Officer Robert Alan Carter sold 8,014 shares of the firm's stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of C$13.24, for a total transaction of C$106,105.36. 0.07% of the stock is owned by corporate insiders.

Hudbay Minerals Company Profile

(Get Free Report)

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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Earnings History and Estimates for Hudbay Minerals (TSE:HBM)

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