Q1 EPS Estimates for Hudbay Minerals Cut by Raymond James

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Analysts at Raymond James cut their Q1 2025 EPS estimates for Hudbay Minerals in a research report issued on Tuesday, April 15th. Raymond James analyst F. Hamed now forecasts that the mining company will earn $0.09 per share for the quarter, down from their previous forecast of $0.13. 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 issued reports on the stock. TD Securities lowered their target price on shares of Hudbay Minerals from C$15.00 to C$14.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. Desjardins upgraded Hudbay Minerals to a “moderate buy” rating in a research note on Thursday, April 3rd. National Bankshares cut their target price on Hudbay Minerals from C$15.50 to C$14.50 and set an “outperform” rating for the company in a research note on Wednesday. BMO Capital Markets upgraded Hudbay Minerals to a “strong-buy” rating in a research report on Tuesday. Finally, Canaccord Genuity Group cut their price objective on shares of Hudbay Minerals from C$15.50 to C$14.00 and set a “buy” rating for the company in a research report on Thursday, February 20th. Twelve research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$15.64.

Hudbay Minerals Stock Performance

TSE HBM opened at C$9.78 on Thursday. The firm has a market cap of C$2.71 billion, a P/E ratio of 27.54, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83. The company has a quick ratio of 0.85, a current ratio of 1.86 and a debt-to-equity ratio of 46.39. The company’s 50 day moving average is C$10.79 and its 200-day moving average is C$11.89. Hudbay Minerals has a 12-month low of C$8.49 and a 12-month high of C$14.33.

Hudbay Minerals Announces Dividend

The company also recently announced a dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 21st were paid a $0.01 dividend. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a yield of 0.1%. Hudbay Minerals’s dividend payout ratio is presently 5.63%.

Insider Buying and Selling at Hudbay Minerals

In other Hudbay Minerals news, Director Peter Gerald Jan Kukielski purchased 9,300 shares of Hudbay Minerals stock in a transaction on Friday, February 21st. The shares were acquired at an average cost of C$10.76 per share, for a total transaction of C$100,068.00. Also, Senior Officer Francisco Javier Del Rio Del Aguila sold 12,959 shares of Hudbay Minerals stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of C$12.00, for a total transaction of C$155,508.00. Insiders have bought 11,800 shares of company stock worth $127,418 over the last 90 days. Corporate insiders own 0.07% of the company’s stock.

Hudbay Minerals Company Profile

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.