Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Analysts at Stifel Canada reduced their FY2025 EPS estimates for Hudbay Minerals in a note issued to investors on Sunday, December 15th. Stifel Canada analyst C. Mcgill now anticipates that the mining company will post earnings of $1.51 per share for the year, down from their previous estimate of $1.71. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.12 per share.
A number of other equities analysts have also issued reports on HBM. National Bankshares raised their price target 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. Scotiabank upped 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. Jefferies Financial Group boosted their price target on shares of Hudbay Minerals from C$14.00 to C$15.00 in a report on Friday, October 4th. Finally, Royal Bank of Canada lowered their price objective on Hudbay Minerals from C$18.00 to C$16.00 and set an "outperform" rating on the stock in a report on Tuesday, September 10th. 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.com, the company presently has a consensus rating of "Buy" and a consensus price target of C$15.54.
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Hudbay Minerals Stock Performance
Shares of TSE HBM traded down C$0.26 during mid-day trading on Tuesday, hitting C$11.97. The stock had a trading volume of 1,815,851 shares, compared to its average volume of 1,557,656. 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 company has a 50 day moving average of C$12.69 and a two-hundred day moving average of C$11.93. The firm has a market cap of C$4.71 billion, a PE ratio of 32.35, a PEG ratio of 3.97 and a beta of 1.83. Hudbay Minerals has a twelve month low of C$6.72 and a twelve month high of C$14.33.
Insider Buying and Selling
In related news, Senior Officer Robert Alan Carter sold 8,014 shares of Hudbay Minerals 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 currently owned by company insiders.
Hudbay Minerals Company Profile
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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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