FY2025 EPS Estimates for Hudbay Minerals Boosted by Analyst

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Analysts at Cormark increased their FY2025 earnings per share estimates for Hudbay Minerals in a report issued on Tuesday, January 7th. Cormark analyst S. Ioannou now forecasts that the mining company will post earnings of $1.32 per share for the year, up from their previous estimate of $1.29. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.

A number of other equities research analysts have also recently commented on the stock. National Bankshares increased their price objective on shares of Hudbay Minerals from C$15.50 to C$16.75 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. Scotiabank increased their price target on shares of Hudbay Minerals from C$14.50 to C$15.00 and gave the company an “outperform” rating in a research report on Tuesday, October 8th. Finally, Jefferies Financial Group raised their price objective on shares of Hudbay Minerals from C$14.00 to C$15.00 in a research note on Friday, October 4th. Twelve analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$15.54.

Hudbay Minerals Trading Up 2.7 %

Shares of HBM stock opened at C$12.69 on Thursday. The stock has a market cap of C$4.99 billion, a P/E ratio of 34.30, a P/E/G ratio of 3.97 and a beta of 1.83. The company has a quick ratio of 0.85, a current ratio of 1.87 and a debt-to-equity ratio of 49.37. Hudbay Minerals has a fifty-two week low of C$6.72 and a fifty-two week high of C$14.33. The business has a fifty day simple moving average of C$12.38 and a 200-day simple moving average of C$11.82.

Insider Activity

In other news, Senior Officer Robert Alan Carter sold 8,014 shares of the company’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of C$13.24, for a total transaction of C$106,105.36. Corporate insiders own 0.07% of the company’s stock.

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.