Stifel Canada Predicts Hudbay Minerals FY2025 Earnings

Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Equities research analysts at Stifel Canada raised their FY2025 earnings estimates for shares of Hudbay Minerals in a report issued on Tuesday, October 15th. Stifel Canada analyst C. Mcgill now anticipates that the mining company will post earnings per share of $1.71 for the year, up from their prior estimate of $1.51. Stifel Canada currently has a "Strong-Buy" rating on the stock. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.12 per share.

Several other research firms have also issued reports on HBM. Stifel Nicolaus increased their target price on Hudbay Minerals from C$15.00 to C$16.00 and gave the stock a "buy" rating in a research note on Monday, July 22nd. Canaccord Genuity Group lowered their price objective on shares of Hudbay Minerals from C$16.00 to C$15.00 in a research note on Monday, July 22nd. CIBC lifted their price objective on shares of Hudbay Minerals from C$14.50 to C$15.50 and gave the company an "outperform" rating in a report on Thursday, June 20th. Scotiabank increased their target price on shares of Hudbay Minerals from C$14.50 to C$15.00 and gave the stock an "outperform" rating in a report on Tuesday, October 8th. Finally, Royal Bank of Canada decreased their price target on shares of 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. Twelve equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of C$15.54.

Hudbay Minerals Trading Up 3.1 %

TSE:HBM traded up C$0.39 during trading hours on Friday, reaching C$13.10. 1,908,168 shares of the stock were exchanged, compared to its average volume of 1,586,498. Hudbay Minerals has a twelve month low of C$5.46 and a twelve month high of C$14.33. 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 business has a 50-day moving average of C$11.13 and a two-hundred day moving average of C$11.57. The company has a market capitalization of C$5.16 billion, a price-to-earnings ratio of 35.41, a PEG ratio of 3.97 and a beta of 1.83.

Hudbay Minerals Dividend Announcement

The firm also recently announced a 1 dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Friday, September 20th were given a dividend of $0.02 per share. This represents a dividend yield of 0.09%. The ex-dividend date was Friday, September 20th. Hudbay Minerals's dividend payout ratio (DPR) is presently 5.41%.

About Hudbay Minerals

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.