HudBay Minerals Q2 EPS Decreased by National Bank Financial

HudBay Minerals Inc (NYSE:HBM) (TSE:HBM) – Research analysts at National Bank Financial dropped their Q2 2025 earnings estimates for shares of HudBay Minerals in a report issued on Tuesday, July 8th. National Bank Financial analyst S. Nagle now anticipates that the mining company will post earnings per share of $0.12 for the quarter, down from their prior forecast of $0.20. The consensus estimate for HudBay Minerals’ current full-year earnings is $0.79 per share. National Bank Financial also issued estimates for HudBay Minerals’ FY2025 earnings at $0.80 EPS and FY2026 earnings at $0.58 EPS.

A number of other equities analysts also recently commented on HBM. Wall Street Zen raised shares of HudBay Minerals from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 21st. Stifel Canada raised shares of HudBay Minerals to a “strong-buy” rating in a research note on Wednesday, March 19th. Desjardins began coverage on shares of HudBay Minerals in a report on Friday, April 4th. They set a “buy” rating for the company. Scotiabank reaffirmed an “outperform” rating on shares of HudBay Minerals in a report on Tuesday, May 13th. Finally, Veritas raised shares of HudBay Minerals to a “strong-buy” rating in a report on Monday, July 7th. Four research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, HudBay Minerals presently has an average rating of “Buy” and a consensus price target of $14.00.

HudBay Minerals Stock Down 3.0%

Shares of NYSE:HBM opened at $10.47 on Friday. The company has a market cap of $4.14 billion, a price-to-earnings ratio of 27.55, a PEG ratio of 0.30 and a beta of 1.63. The firm’s 50-day simple moving average is $9.38 and its 200-day simple moving average is $8.39. The company has a quick ratio of 1.92, a current ratio of 2.32 and a debt-to-equity ratio of 0.42. HudBay Minerals has a fifty-two week low of $5.95 and a fifty-two week high of $11.13.

HudBay Minerals (NYSE:HBM) (TSE:HBM) last posted its quarterly earnings data on Monday, May 12th. The mining company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.14. The firm had revenue of $594.90 million during the quarter, compared to analysts’ expectations of $537.36 million. HudBay Minerals had a net margin of 7.40% and a return on equity of 8.17%. The firm’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the company posted $0.22 EPS.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC lifted its position in shares of HudBay Minerals by 9,877.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the mining company’s stock worth $25,000 after buying an additional 3,062 shares during the last quarter. SBI Securities Co. Ltd. lifted its position in shares of HudBay Minerals by 64.6% in the 1st quarter. SBI Securities Co. Ltd. now owns 3,773 shares of the mining company’s stock worth $29,000 after buying an additional 1,481 shares during the last quarter. Banque Cantonale Vaudoise bought a new position in shares of HudBay Minerals in the 1st quarter worth about $33,000. Jones Financial Companies Lllp lifted its position in shares of HudBay Minerals by 131.6% in the 1st quarter. Jones Financial Companies Lllp now owns 6,570 shares of the mining company’s stock worth $50,000 after buying an additional 3,733 shares during the last quarter. Finally, Algert Global LLC bought a new position in shares of HudBay Minerals in the 4th quarter worth about $86,000. 57.82% of the stock is owned by institutional investors and hedge funds.

About HudBay Minerals

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.