NYSE:HBM

Hudbay Minerals (HBM) Stock Price, News & Analysis

$7.72
+0.05 (+0.65%)
(As of 04/23/2024 ET)
Today's Range
$7.42
$7.81
50-Day Range
$5.28
$7.98
52-Week Range
$3.94
$8.11
Volume
3.76 million shs
Average Volume
2.24 million shs
Market Capitalization
$2.71 billion
P/E Ratio
38.63
Dividend Yield
0.13%
Price Target
$9.75

Hudbay Minerals MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
26.2% Upside
$9.75 Price Target
Short Interest
Healthy
2.20% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.13mentions of Hudbay Minerals in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
69.05%
From $0.42 to $0.71 Per Share

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.

4.66 out of 5 stars

Basic Materials Sector

10th out of 173 stocks

Metal Mining Industry

1st out of 22 stocks

HBM stock logo

About Hudbay Minerals Stock (NYSE: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

HBM Stock News Headlines

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Analysts Set Hudbay Minerals Inc. (NYSE:HBM) PT at $9.75
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Hudbay Minerals Inc
Stocks in play: Hudbay Minerals Inc.
Hudbay Minerals Inc.
Hudbay Minerals Q4 2023 Earnings Preview
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Markets to Enjoy Shortened Holiday Week
RBC Capital Sticks to Their Buy Rating for Hudbay Minerals (HBM)
See More Headlines
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Company Calendar

Last Earnings
2/23/2024
Ex-Dividend for 3/22 Dividend
3/04/2024
Dividend Payable
3/22/2024
Today
4/23/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
N/A
Employees
2,708
Year Founded
2012

Price Target and Rating

Average Stock Price Target
$9.75
High Stock Price Target
$10.50
Low Stock Price Target
$8.00
Potential Upside/Downside
+26.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

Net Income
$66.37 million
Pretax Margin
8.98%

Debt

Sales & Book Value

Annual Sales
$1.69 billion
Cash Flow
$1.10 per share
Book Value
$6.29 per share

Miscellaneous

Free Float
350,121,000
Market Cap
$2.71 billion
Optionable
Optionable
Beta
1.95

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Key Executives

  • Mr. Peter Gerald Jan Kukielski Bsc (Age 68)
    Msc, President, CEO & Director
    Comp: $1.61M
  • 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

HBM Stock Analysis - Frequently Asked Questions

Should I buy or sell Hudbay Minerals stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hudbay Minerals in the last twelve months. There are currently 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HBM shares.
View HBM analyst ratings
or view top-rated stocks.

What is Hudbay Minerals' stock price target for 2024?

8 Wall Street research analysts have issued 12 month target prices for Hudbay Minerals' shares. Their HBM share price targets range from $8.00 to $10.50. On average, they predict the company's stock price to reach $9.75 in the next twelve months. This suggests a possible upside of 26.2% from the stock's current price.
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 $5.52 at the beginning of 2024. Since then, HBM stock has increased by 39.9% and is now trading at $7.7250.
View the best growth stocks for 2024 here
.

Are investors shorting Hudbay Minerals?

Hudbay Minerals saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 7,710,000 shares, a drop of 10.9% from the March 15th total of 8,650,000 shares. Based on an average trading volume of 2,170,000 shares, the days-to-cover ratio is currently 3.6 days.
View Hudbay Minerals' Short Interest
.

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. (NYSE:HBM) posted its quarterly earnings results on Friday, February, 23rd. The mining company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.06. The mining company had revenue of $602.20 million for the quarter, compared to analyst estimates of $552.74 million. Hudbay Minerals had a net margin of 3.95% and a trailing twelve-month return on equity of 3.86%. The firm's quarterly revenue was up 87.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.01 earnings per share.

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

Hudbay Minerals declared a semi-annual dividend on Monday, February 26th. Shareholders of record on Tuesday, March 5th will be given a dividend of $0.0074 per share on Friday, March 22nd. This represents a yield of 0.3%. The ex-dividend date of this dividend is Monday, March 4th.
Read our dividend analysis for HBM
.

Is Hudbay Minerals a good dividend stock?

Hudbay Minerals (NYSE:HBM) pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.19%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HBM will have a dividend payout ratio of 1.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HBM.

What is David Garofalo's approval rating as Hudbay Minerals' CEO?

14 employees have rated Hudbay Minerals Chief Executive Officer David Garofalo on Glassdoor.com. David Garofalo has an approval rating of 37% among the company's employees. This puts David Garofalo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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), Quantum (QTM), Baytex Energy (BTE), Sherritt International (S), (CXRX) (CXRX), Bombardier (BDRBF), Bombardier, Inc. Class B (BBD.B) and Bonavista Energy Co. (BNP.TO) (BNP).

Who are Hudbay Minerals' major shareholders?

Hudbay Minerals' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Galibier Capital Management Ltd. (0.51%), Counterpoint Mutual Funds LLC (0.01%), Ballentine Partners LLC (0.00%), Banque Cantonale Vaudoise (0.00%) and Register Financial Advisors LLC (0.00%).

How do I buy shares of Hudbay Minerals?

Shares of HBM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:HBM) was last updated on 4/23/2024 by MarketBeat.com Staff

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