Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Equities researchers at Stifel Canada lifted their FY2027 earnings per share (EPS) estimates for shares of Hudbay Minerals in a research note issued on Monday, December 16th. Stifel Canada analyst C. Mcgill now anticipates that the mining company will post earnings per share of $1.34 for the year, up from their previous forecast of $1.33. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.12 per share. Stifel Canada also issued estimates for Hudbay Minerals' FY2028 earnings at $1.54 EPS.
A number of other brokerages have also recently issued reports on HBM. National Bankshares lifted their target price 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. Royal Bank of Canada cut their price objective on Hudbay Minerals from C$18.00 to C$16.00 and set an "outperform" rating for the company in a research report on Tuesday, September 10th. Jefferies Financial Group increased their target price on Hudbay Minerals from C$14.00 to C$15.00 in a report on Friday, October 4th. Finally, Scotiabank boosted their price target on Hudbay Minerals from C$14.50 to C$15.00 and gave the stock an "outperform" rating in a report on Tuesday, October 8th. 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 presently has a consensus rating of "Buy" and an average target price of C$15.54.
View Our Latest Analysis on HBM
Hudbay Minerals Price Performance
Shares of TSE:HBM traded up C$0.04 during trading on Thursday, hitting C$11.40. 1,032,904 shares of the stock were exchanged, compared to its average volume of 1,553,412. The company has a market cap of C$4.49 billion, a PE ratio of 30.81, a P/E/G ratio of 3.97 and a beta of 1.83. The company has a current ratio of 1.87, a quick ratio of 0.85 and a debt-to-equity ratio of 49.37. The company has a fifty day moving average price of C$12.63 and a two-hundred day moving average price of C$11.91. Hudbay Minerals has a 12-month low of C$6.72 and a 12-month high of C$14.33.
Insider Buying and Selling
In other Hudbay Minerals news, Senior Officer Robert Alan Carter sold 8,014 shares of the stock in a transaction that occurred 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. 0.07% of the stock is owned by corporate insiders.
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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