Hudbay Minerals FY2025 EPS Lifted by National Bank Financial

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Equities research analysts at National Bank Financial upped their FY2025 earnings per share (EPS) estimates for Hudbay Minerals in a research note issued on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now expects that the mining company will earn $1.24 per share for the year, up from their previous estimate of $1.17. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.

A number of other equities analysts have also issued reports on HBM. Royal Bank Of Canada raised their target price on Hudbay Minerals from C$19.00 to C$20.00 in a research note on Wednesday, September 10th. National Bankshares lifted their price objective on Hudbay Minerals from C$16.50 to C$17.50 and gave the company an “outperform” rating in a research note on Thursday, August 14th. The Goldman Sachs Group upgraded Hudbay Minerals to a “buy” rating in a research note on Monday, September 8th. Veritas upgraded Hudbay Minerals to a “strong-buy” rating in a research note on Monday, July 7th. Finally, TD Securities lifted their price target on Hudbay Minerals from C$13.00 to C$15.00 and gave the company a “buy” rating in a research note on Tuesday, June 24th. Three investment analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. According to MarketBeat.com, Hudbay Minerals has an average rating of “Buy” and an average target price of C$17.25.

Hudbay Minerals Stock Down 1.0%

Shares of TSE HBM opened at C$19.47 on Thursday. The company has a current ratio of 1.86, a quick ratio of 0.85 and a debt-to-equity ratio of 46.39. The stock has a market capitalization of C$7.70 billion, a PE ratio of 26.67, a price-to-earnings-growth ratio of 3.97 and a beta of 2.02. The stock’s fifty day simple moving average is C$15.82 and its two-hundred day simple moving average is C$13.22. Hudbay Minerals has a 12-month low of C$8.49 and a 12-month high of C$20.03.

Hudbay Minerals Announces Dividend

The business also recently announced a half year 25 dividend, which was paid on Friday, September 19th. Stockholders of record on Friday, September 19th were issued a dividend of $0.01 per share. This represents a dividend yield of 6.0%. The ex-dividend date was Tuesday, September 2nd. Hudbay Minerals’s payout ratio is currently 1.96%.

About Hudbay Minerals

Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals.