Stifel Canada Expects Increased Earnings for Hudbay Minerals

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Equities researchers at Stifel Canada upped their FY2025 earnings per share estimates for shares of Hudbay Minerals in a research note issued to investors on Tuesday, October 21st. Stifel Canada analyst R. Profiti now expects that the mining company will post earnings of $1.21 per share for the year, up from their previous estimate of $1.14. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.

HBM has been the topic of several other research reports. The Goldman Sachs Group raised Hudbay Minerals to a “buy” rating in a research report on Monday, September 8th. Raymond James Financial boosted their price target on Hudbay Minerals from C$17.00 to C$18.50 in a research report on Thursday, August 21st. Veritas raised Hudbay Minerals to a “strong-buy” rating in a research report on Monday, July 7th. Scotiabank boosted their price target on Hudbay Minerals from C$18.50 to C$25.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 14th. Finally, Stifel Nicolaus boosted their price target on Hudbay Minerals from C$20.00 to C$28.00 in a research report on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$21.73.

Hudbay Minerals Trading Down 1.1%

TSE HBM opened at C$21.11 on Thursday. The stock has a market capitalization of C$8.35 billion, a price-to-earnings ratio of 28.92, a PEG ratio of 3.97 and a beta of 2.21. The stock’s 50 day moving average price is C$19.28 and its two-hundred day moving average price is C$14.70. The company has a debt-to-equity ratio of 46.39, a quick ratio of 0.85 and a current ratio of 1.86. Hudbay Minerals has a 52 week low of C$8.49 and a 52 week high of C$24.75.

Hudbay Minerals Dividend Announcement

The firm also recently announced a half year 25 dividend, which was paid on Friday, September 19th. Investors of record on Friday, September 19th were issued a dividend of $0.01 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a dividend yield of 6.0%. Hudbay Minerals’s payout ratio is presently 1.96%.

About Hudbay Minerals

Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals.