Should I buy or sell Hudbay Minerals stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hudbay Minerals in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HBM shares. View HBM analyst ratings or view top-rated stocks .

What is Hudbay Minerals' stock price target for 2024?

12 brokers have issued 12 month price targets for Hudbay Minerals' shares. Their HBM share price targets range from C$8.00 to C$12.25. On average, they predict the company's stock price to reach C$10.00 in the next year. This suggests that the stock has a possible downside of 5.0%. View analysts price targets for HBM or view top-rated stocks among Wall Street analysts .

How have HBM shares performed in 2024?

Hudbay Minerals' stock was trading at C$7.29 on January 1st, 2024. Since then, HBM shares have increased by 44.4% and is now trading at C$10.53. View the best growth stocks for 2024 here .

When is Hudbay Minerals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our HBM earnings forecast .

How were Hudbay Minerals' earnings last quarter?

Hudbay Minerals Inc. (TSE:HBM) announced its quarterly earnings data on Friday, February, 23rd. The mining company reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.15 by $0.12. The mining company earned $819.90 million during the quarter, compared to the consensus estimate of $710.46 million. Hudbay Minerals had a trailing twelve-month return on equity of 3.68% and a net margin of 3.93%.

How often does Hudbay Minerals pay dividends? What is the dividend yield for Hudbay Minerals?

Hudbay Minerals announced a 1 dividend on Monday, March 4th. Shareholders of record on Friday, March 22nd will be paid a dividend of 0.02 per share on Tuesday, March 5th. This represents a yield of 0.13%. The ex-dividend date of this dividend is Friday, March 22nd. Read our dividend analysis for HBM .

Is Hudbay Minerals a good dividend stock?

Hudbay Minerals (TSE:HBM) pays an annual dividend of C$0.02 per share and currently has a dividend yield of 0.21%. The dividend payout ratio is 6.67%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for HBM .

What other stocks do shareholders of Hudbay Minerals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hudbay Minerals investors own include Cellectar Biosciences (CLRB) , Zynga (ZNGA) , First Quantum Minerals (FM) , (CXRX) (CXRX) , Quantum (QTM) , Baytex Energy (BTE) , Aurora Cannabis (ACB) , Lundin Mining (LUN) , Alibaba Group (BABA) and Sherritt International (S) .

How do I buy shares of Hudbay Minerals?

Shares of HBM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:HBM

Hudbay Minerals (HBM) Stock Price, News & Analysis

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Free HBM Stock Alerts

C$10.53

+0.02 (+0.19%)

(As of 04/15/2024 ET)

Compare

Today's Range: C$10.39
▼
C$10.75
50-Day Range: C$6.89
▼
C$10.83
52-Week Range: C$5.46
▼
C$11.05

Volume: 1.25 million shs
Average Volume: 1.20 million shs
Market Capitalization: C$3.69 billion

P/E Ratio: 35.10
Dividend Yield: 0.19%
Price Target: C$10.00

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Hudbay Minerals alerts:

Hudbay Minerals MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 5.0% Downside
C$10.00 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.37
Based on 5 Articles This Week
Insider Trading: Selling Shares
C$163,636 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.94 out of 5 stars

1.4

Analyst's Opinion

Consensus Rating
Hudbay Minerals has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Hudbay Minerals has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for HBM.

0.8

Dividend Strength

Dividend Yield
Hudbay Minerals has a dividend yield of 0.21%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Hudbay Minerals does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Hudbay Minerals is 6.67%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HBM.

3.0

News and Social Media Coverage

News Sentiment
Hudbay Minerals has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Hudbay Minerals this week, compared to 2 articles on an average week.
Search Interest
18 people have searched for HBM on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
2 people have added Hudbay Minerals to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hudbay Minerals insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$163,636.00 in company stock.
Percentage Held by Insiders
Only 0.07% of the stock of Hudbay Minerals is held by insiders.
Percentage Held by Institutions
66.08% of the stock of Hudbay Minerals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Hudbay Minerals is 35.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hudbay Minerals is 35.10, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 126.66.
Price to Earnings Growth Ratio
Hudbay Minerals has a PEG Ratio of 3.97. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Hudbay Minerals has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Hudbay Minerals Stock (TSE:HBM)

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. The company's flagship project is the 100% owned Constancia mine located in the Province of Chumbivilcas in southern Peru. Hudbay Minerals Inc. was founded in 1927 and is based in Toronto, Canada.

HBM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HBM Stock News Headlines

March 20, 2024 | insidertrades.com

Hudbay Minerals Inc. (TSE:HBM) Senior Officer Sells C$46,446.75 in Stock

April 10, 2024 | americanbankingnews.com

Hudbay Minerals (TSE:HBM) Price Target Raised to C$12.25 at Bank of America

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March 26, 2024 | finance.yahoo.com

Hudbay Minerals' (TSE:HBM) investors will be pleased with their respectable 37% return over the last year

March 16, 2024 | finance.yahoo.com

HBM Apr 2024 2.500 call

March 14, 2024 | marketwatch.com

Hudbay Minerals Shares Advance After Deal Agreed with Marubeni

March 13, 2024 | juniorminingnetwork.com

Hudbay Minerals and Marubeni Sign Flin Flon Option Agreement to Advance Exploration Partnership

March 13, 2024 | msn.com

Japan's Marubeni to invest, advance partnership in Hudbay exploration activities

April 16, 2024 | InvestorPlace (Ad)

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I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.

March 13, 2024 | finance.yahoo.com

Japan's Marubeni to invest in Hudbay's exploration activities

February 26, 2024 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Materials Stocks: First Majestic Silver (AG) and Hudbay Minerals (HBM)

February 24, 2024 | finance.yahoo.com

Hudbay Minerals Inc. (NYSE:HBM) Q4 2023 Earnings Call Transcript

February 23, 2024 | finanznachrichten.de

Hudbay Minerals Inc.: Hudbay Delivers Record Fourth Quarter and Full Year 2023 Results and Provides Annual Guidance

February 23, 2024 | msn.com

Hudbay Minerals shows record Q4 revenue

February 22, 2024 | benzinga.com

Hudbay Minerals Earnings Preview

February 7, 2024 | finance.yahoo.com

Wall Street Analysts See a 36.75% Upside in HudBay Minerals (HBM): Can the Stock Really Move This High?

February 7, 2024 | finance.yahoo.com

HBM or BHP: Which Is the Better Value Stock Right Now?

February 7, 2024 | finance.yahoo.com

Hudbay Minerals Inc.'s (TSE:HBM) CA$91m market value fall may be overlooked by institutional investors after a year of 1.0% returns

January 4, 2024 | seekingalpha.com

Profit From Cyclic Copper With Hudbay Minerals

December 22, 2023 | markets.businessinsider.com

Buy Rating Affirmed for Hudbay Minerals Amidst Conservative Estimates and Potential for Future Growth

December 9, 2023 | finance.yahoo.com

Hudbay Minerals Inc.'s (TSE:HBM) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

December 6, 2023 | markets.businessinsider.com

Scotiabank Reaffirms Their Buy Rating on Hudbay Minerals (HBM)

December 6, 2023 | markets.businessinsider.com

Hudbay Minerals: Hold Rating Maintained Amid Mixed Copper Mountain Outlook and Long-Term Growth Uncertainty

December 5, 2023 | juniorminingnetwork.com

Hudbay Minerals Releases Copper Mountain Technical Report and Advances Mine Stabilization Plans

November 15, 2023 | finance.yahoo.com

Hudbay Further Enhances Financial Flexibility with Redemption of Remaining Copper Mountain Bonds

November 10, 2023 | finance.yahoo.com

Hudbay Minerals Inc. (NYSE:HBM) Q3 2023 Earnings Call Transcript

November 9, 2023 | msn.com

Hudbay says in talks for development partner at Arizona copper project

See More Headlines

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Company Calendar

Last Earnings: 2/23/2024
Dividend Payable: 3/05/2024
Ex-Dividend for 3/5 Dividend: 3/22/2024
Today: 4/15/2024
Next Earnings (Estimated): 5/13/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Copper
Sub-Industry: N/A
Current Symbol: TSE:HBM
CUSIP: N/A
CIK: N/A
Web: www.hudbayminerals.com
Phone: +1-416-3628181
Fax: N/A
Employees: 2,530
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$10.00
High Stock Price Target: C$12.25
Low Stock Price Target: C$8.00
Potential Upside/Downside: -5.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.30
Trailing P/E Ratio: 35.10
Forward P/E Ratio: 15.45
P/E Growth: 3.97
Net Income: C$66.37 million
Net Margins: 3.93%
Pretax Margin: N/A
Return on Equity: 3.68%
Return on Assets: 3.89%

Debt

Debt-to-Equity Ratio: 62.93
Current Ratio: 1.25
Quick Ratio: 0.85

Sales & Book Value

Annual Sales: C$1.69 billion
Price / Sales: 2.19
Cash Flow: C$1.62 per share
Price / Cash Flow: 6.50
Book Value: C$5.98 per share
Price / Book: 1.76

Miscellaneous

Outstanding Shares: 350,730,000
Free Float: N/A
Market Cap: C$3.69 billion
Optionable: Not Optionable
Beta: 1.96

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Key Executives

Mr. Peter Gerald Jan Kukielski Bsc (Age 68)
Msc, President, CEO & Director
Comp: $2.18M
Mr. Chi-Yen Lei
Chief Financial Officer
Mr. Andre Taylor Lauzon
Chief Operating Officer
Mr. Patrick James Donnelly
Senior Vice President of Legal & Organizational Effectiveness
Mr. Javier Del Rio
Senior Vice President of South America & USA
Mr. Olivier Tavchandjian P.Geo.
Senior Vice President of Exploration & Technical Services
Ms. Candace Brule
Vice President of Investor Relations
Mr. Mark Gupta
Vice President of Corporate Development
Mr. Jon Alexander Douglas (Age 62)
VP & Treasurer
Mr. Mark Haber
Executive Director of Legal & Corporate Secretary

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

HBM Stock Analysis - Frequently Asked Questions

Should I buy or sell Hudbay Minerals stock right now?: 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hudbay Minerals in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HBM shares.
View HBM analyst ratings or view top-rated stocks.
What is Hudbay Minerals' stock price target for 2024?: 12 brokers have issued 12 month price targets for Hudbay Minerals' shares. Their HBM share price targets range from C$8.00 to C$12.25. On average, they predict the company's stock price to reach C$10.00 in the next year. This suggests that the stock has a possible downside of 5.0%.
View analysts price targets for HBM or view top-rated stocks among Wall Street analysts.
How have HBM shares performed in 2024?: Hudbay Minerals' stock was trading at C$7.29 on January 1st, 2024. Since then, HBM shares have increased by 44.4% and is now trading at C$10.53.
View the best growth stocks for 2024 here.
When is Hudbay Minerals' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our HBM earnings forecast.
How were Hudbay Minerals' earnings last quarter?: Hudbay Minerals Inc. (TSE:HBM) announced its quarterly earnings data on Friday, February, 23rd. The mining company reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.15 by $0.12. The mining company earned $819.90 million during the quarter, compared to the consensus estimate of $710.46 million. Hudbay Minerals had a trailing twelve-month return on equity of 3.68% and a net margin of 3.93%.

How often does Hudbay Minerals pay dividends? What is the dividend yield for Hudbay Minerals?: Hudbay Minerals announced a 1 dividend on Monday, March 4th. Shareholders of record on Friday, March 22nd will be paid a dividend of 0.02 per share on Tuesday, March 5th. This represents a yield of 0.13%. The ex-dividend date of this dividend is Friday, March 22nd.
Read our dividend analysis for HBM.
Is Hudbay Minerals a good dividend stock?: Hudbay Minerals (TSE:HBM) pays an annual dividend of C$0.02 per share and currently has a dividend yield of 0.21%. The dividend payout ratio is 6.67%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for HBM.
What other stocks do shareholders of Hudbay Minerals own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Hudbay Minerals investors own include Cellectar Biosciences (CLRB), Zynga (ZNGA), First Quantum Minerals (FM), (CXRX) (CXRX), Quantum (QTM), Baytex Energy (BTE), Aurora Cannabis (ACB), Lundin Mining (LUN), Alibaba Group (BABA) and Sherritt International (S).
How do I buy shares of Hudbay Minerals?: Shares of HBM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:HBM) was last updated on 4/16/2024 by MarketBeat.com Staff

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Hudbay Minerals (HBM) Stock Price, News & Analysis

Hudbay Minerals MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Hudbay Minerals Stock (TSE:HBM)

HBM Stock Price History

HBM Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

HBM Stock Analysis - Frequently Asked Questions

Overall MarketRank^™