Hudbay Minerals Inc. (TSE:HBM – Free Report) (NYSE:HBM) – Stifel Canada lowered their FY2025 earnings per share estimates for Hudbay Minerals in a research report issued on Sunday, December 15th. Stifel Canada analyst C. Mcgill now forecasts that the mining company will post earnings per share of $1.51 for the year, down from their prior estimate of $1.71. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.
HBM has been the subject of a number of other research reports. National Bankshares lifted their price target on Hudbay Minerals from C$15.50 to C$16.75 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. Jefferies Financial Group increased their price objective on Hudbay Minerals from C$14.00 to C$15.00 in a report on Friday, October 4th. Royal Bank of Canada dropped their price objective on shares of Hudbay Minerals from C$18.00 to C$16.00 and set an “outperform” rating on the stock in a report on Tuesday, September 10th. Finally, Scotiabank upped their price target on shares of Hudbay Minerals from C$14.50 to C$15.00 and gave the company an “outperform” rating in a research note on Tuesday, October 8th. Twelve equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$15.54.
Hudbay Minerals Price Performance
Shares of HBM opened at C$11.97 on Tuesday. The stock has a market cap of C$4.71 billion, a P/E ratio of 32.35, a P/E/G ratio of 3.97 and a beta of 1.83. The business’s fifty day moving average is C$12.69 and its 200 day moving average is C$11.93. The company has a quick ratio of 0.85, a current ratio of 1.87 and a debt-to-equity ratio of 49.37. Hudbay Minerals has a 12-month low of C$6.72 and a 12-month high of C$14.33.
Insider Activity at Hudbay Minerals
In related news, Senior Officer Robert Alan Carter sold 8,014 shares of the firm’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of C$13.24, for a total value of C$106,105.36. 0.07% of the stock is owned by corporate insiders.
Hudbay Minerals Company Profile
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.
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