BMO Capital Markets Cuts Hudbay Minerals (TSE:HBM) Price Target to C$44.00

Hudbay Minerals (TSE:HBM) (NYSE:HBM) had its price objective lowered by BMO Capital Markets from C$46.00 to C$44.00 in a research report report published on Thursday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the mining company’s stock.

Other equities research analysts have also recently issued research reports about the company. Scotiabank raised their target price on Hudbay Minerals from C$35.50 to C$44.00 and gave the stock a “sector outperform” rating in a research note on Thursday, June 25th. National Bank Financial lowered their price target on Hudbay Minerals from C$40.00 to C$38.50 and set a “sector perform” rating for the company in a report on Tuesday, July 14th. Barclays increased their price target on Hudbay Minerals from C$41.00 to C$45.00 in a report on Thursday, July 16th. Jefferies Financial Group reduced their price objective on shares of Hudbay Minerals from C$57.00 to C$50.00 in a report on Monday, July 6th. Finally, Stifel Nicolaus boosted their price objective on shares of Hudbay Minerals from C$41.00 to C$43.00 and gave the company a “buy” rating in a report on Tuesday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of C$40.91.

Hudbay Minerals Price Performance

Shares of TSE HBM opened at C$31.81 on Thursday. The firm has a 50-day simple moving average of C$34.72 and a 200-day simple moving average of C$33.43. The stock has a market capitalization of C$14.12 billion, a price-to-earnings ratio of 19.05, a price-to-earnings-growth ratio of 3.97 and a beta of 2.36. The company has a quick ratio of 0.85, a current ratio of 2.24 and a debt-to-equity ratio of 19.04. Hudbay Minerals has a 52 week low of C$12.44 and a 52 week high of C$44.48.

Hudbay Minerals (TSE:HBM) (NYSE:HBM) last issued its earnings results on Wednesday, July 29th. The mining company reported C$0.40 earnings per share for the quarter. The business had revenue of C$896.94 million for the quarter. Hudbay Minerals had a return on equity of 18.41% and a net margin of 27.22%. On average, equities analysts predict that Hudbay Minerals will post 1.1220575 earnings per share for the current fiscal year.

Hudbay Minerals Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 26th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.1%. The ex-dividend date was Tuesday, June 9th. Hudbay Minerals’s dividend payout ratio is currently 0.87%.

Key Headlines Impacting Hudbay Minerals

Here are the key news stories impacting Hudbay Minerals this week:

• Positive Sentiment: Analysts remain constructive on Hudbay, with Scotiabank maintaining a “sector outperform” rating, BMO Capital Markets reiterating “outperform,” Canaccord Genuity retaining a “buy” rating, and ATB Cormark keeping an “outperform” rating. Their revised targets of C$35.00 to C$44.00 still imply approximately 10% to 38% potential upside from recent trading levels. Analysts Offer Insights on Materials Companies
• Neutral Sentiment: Hudbay corrected a typographical error in its previous announcement regarding the record date and payment date for its quarterly cash dividend scheduled for September 2026. The correction clarifies the dividend timetable but does not change the underlying dividend or indicate a change in the company’s capital-return policy. Hudbay Announces Correction to its Upcoming Dividend Record and Payment Dates
• Negative Sentiment: Four analysts lowered their Hudbay price targets: Scotiabank cut its target from C$44.00 to C$43.00, BMO from C$46.00 to C$44.00, Canaccord from C$40.00 to C$39.50, and ATB Cormark from C$35.50 to C$35.00. Although all retained positive ratings, the reductions suggest more cautious assumptions about valuation, metals prices, or near-term execution. Hudbay Minerals Analyst Ratings

About Hudbay Minerals

Hudbay (TSX, NYSE: HBM) is a copper-focused critical minerals mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining jurisdictions of Canada, Peru and the United States. Hudbay’s operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the Company, which is complemented by meaningful gold production and by-product zinc, silver and molybdenum.