Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Investment analysts at Paradigm Capital raised their Q4 2024 earnings per share estimates for shares of Hudbay Minerals in a research report issued to clients and investors on Tuesday, October 22nd. Paradigm Capital analyst J. Woolley now forecasts that the mining company will post earnings per share of $0.25 for the quarter, up from their prior forecast of $0.22. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.12 per share. Paradigm Capital also issued estimates for Hudbay Minerals' FY2028 earnings at $1.30 EPS.
HBM has been the subject of several other research reports. Stifel Nicolaus raised their target price on shares of 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. Jefferies Financial Group boosted their target price on Hudbay Minerals from C$14.00 to C$15.00 in a research report on Friday, October 4th. Stifel Canada raised Hudbay Minerals to a "strong-buy" rating in a report on Monday, July 22nd. Eight Capital upped their price objective on Hudbay Minerals from C$14.50 to C$18.00 in a report on Thursday, July 11th. Finally, Canaccord Genuity Group cut their price objective on Hudbay Minerals from C$16.00 to C$15.00 in a research report on Monday, July 22nd. Twelve equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of C$15.54.
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Hudbay Minerals Stock Performance
HBM stock traded up C$0.17 during trading on Friday, hitting C$13.37. The company had a trading volume of 1,129,936 shares, compared to its average volume of 1,580,249. Hudbay Minerals has a 1-year low of C$5.46 and a 1-year high of C$14.33. The firm has a 50-day moving average price of C$11.38 and a 200-day moving average price of C$11.66. 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 firm has a market cap of C$5.26 billion, a PE ratio of 35.68, a price-to-earnings-growth 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 paid a dividend of $0.02 per share. The ex-dividend date of this dividend was Friday, September 20th. This represents a dividend yield of 0.09%. Hudbay Minerals's dividend payout ratio is presently 5.41%.
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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