Hudbay Minerals Inc. (TSE:HBM) Forecasted to Earn Q1 2022 Earnings of $0.05 Per Share

Hudbay Minerals Inc. (TSE:HBMGet Rating) (NYSE:HBM) – Equities researchers at National Bank Financial issued their Q1 2022 EPS estimates for shares of Hudbay Minerals in a note issued to investors on Monday, April 18th. National Bank Financial analyst S. Nagle expects that the mining company will post earnings per share of $0.05 for the quarter. National Bank Financial also issued estimates for Hudbay Minerals’ FY2022 earnings at $0.76 EPS and FY2023 earnings at $1.50 EPS.

A number of other equities research analysts also recently weighed in on the company. Scotiabank lifted their target price on Hudbay Minerals from C$12.00 to C$12.50 in a research report on Tuesday. National Bankshares decreased their price objective on Hudbay Minerals from C$13.00 to C$12.50 in a report on Tuesday. Canaccord Genuity Group decreased their price objective on Hudbay Minerals from C$13.00 to C$12.00 and set a “buy” rating on the stock in a report on Monday, January 10th. Raymond James lifted their price objective on Hudbay Minerals from C$13.00 to C$14.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, BMO Capital Markets decreased their price objective on Hudbay Minerals from C$16.00 to C$15.00 in a report on Monday. Eleven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Hudbay Minerals presently has an average rating of “Buy” and a consensus price target of C$12.72.

HBM stock opened at C$9.32 on Thursday. Hudbay Minerals has a twelve month low of C$6.70 and a twelve month high of C$11.62. The company has a market cap of C$2.44 billion and a PE ratio of -7.93. The business’s 50-day simple moving average is C$9.92 and its 200 day simple moving average is C$9.31. The company has a quick ratio of 0.93, a current ratio of 1.29 and a debt-to-equity ratio of 85.20.

Hudbay Minerals (TSE:HBMGet Rating) (NYSE:HBM) last posted its quarterly earnings data on Wednesday, February 23rd. The mining company reported C$0.16 EPS for the quarter, hitting analysts’ consensus estimates of C$0.16. The business had revenue of C$536.03 million during the quarter, compared to the consensus estimate of C$551.94 million.

The firm also recently announced a dividend, which was paid on Friday, March 25th. Shareholders of record on Friday, March 25th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Monday, March 7th. This represents a yield of 0.1%. Hudbay Minerals’s payout ratio is presently -1.35%.

About Hudbay Minerals (Get Rating)

Hudbay Minerals Inc, a diversified mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America. It produces copper concentrates containing copper, gold, and silver; silver/gold doré; molybdenum concentrates; and zinc metals.

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Earnings History and Estimates for Hudbay Minerals (TSE:HBM)

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