HudBay Minerals (NYSE:HBM) Shares Gap Down After Earnings Miss

Shares of HudBay Minerals Inc (NYSE:HBM) (TSE:HBM) gapped down before the market opened on Friday following a dissappointing earnings announcement. The stock had previously closed at $24.74, but opened at $23.75. HudBay Minerals shares last traded at $23.7140, with a volume of 832,191 shares.

The mining company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.08). HudBay Minerals had a return on equity of 8.89% and a net margin of 22.38%.During the same period last year, the firm posted $0.18 EPS. The firm’s revenue was up 25.3% compared to the same quarter last year.

HudBay Minerals Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, March 27th. Shareholders of record on Tuesday, March 10th will be issued a $0.01 dividend. This represents a yield of 8.0%. The ex-dividend date is Tuesday, March 10th. HudBay Minerals’s dividend payout ratio is currently 0.86%.

Key Stories Impacting HudBay Minerals

Here are the key news stories impacting HudBay Minerals this week:

• Positive Sentiment: Received key permit amendments for the New Ingerbelle expansion at the Copper Mountain mine — permits (Mines Act and Environmental Management Act) were issued via B.C.’s Major Mines Office, extending mine life, lifting copper/gold production profile and protecting ~800 jobs, which strengthens project optionality and long‑term cash flow visibility. Hudbay Receives New Ingerbelle Expansion Permits for Copper Mountain
• Positive Sentiment: Posted record fourth-quarter and full-year 2025 results and confirmed 2026 production/cost guidance — achievement of consolidated copper and gold production and cost targets supports forward margin expectations and underpins the company’s growth narrative. Hudbay Delivers Record Fourth Quarter and Full Year 2025 Results
• Neutral Sentiment: Third‑party valuation/analysis notes the stock has run up materially over multiple years and is worth re‑assessing — useful for investors considering whether current valuation already reflects the recent operational gains. Assessing Hudbay Minerals (TSX:HBM) Valuation After A Strong Multi Year Share Price Surge
• Negative Sentiment: Quarterly EPS missed consensus — reported $0.22 EPS vs. Street estimates (Zacks cited $0.40 / Marketbeat cited $0.30), though revenue rose ~25% YoY; the EPS shortfall is pressuring near‑term sentiment despite underlying revenue and margin strength. HudBay Minerals (HBM) Misses Q4 Earnings and Revenue Estimates
• Negative Sentiment: Zacks downgraded the stock from “strong-buy” to “hold” — analyst rating changes can amplify short-term selling or slow further multiple expansion even as operational news is positive. Zacks Research downgrade

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Jefferies Financial Group restated a “buy” rating on shares of HudBay Minerals in a research note on Sunday, December 7th. UBS Group initiated coverage on shares of HudBay Minerals in a report on Thursday, January 8th. They issued a “buy” rating on the stock. Raymond James Financial restated an “outperform” rating on shares of HudBay Minerals in a research note on Wednesday, January 14th. Wall Street Zen raised HudBay Minerals from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, National Bank Financial downgraded HudBay Minerals from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, HudBay Minerals currently has an average rating of “Buy” and a consensus price target of $26.00.

Institutional Trading of HudBay Minerals

Several hedge funds and other institutional investors have recently bought and sold shares of HBM. Triasima Portfolio Management inc. bought a new position in HudBay Minerals in the third quarter worth about $8,057,000. Campbell & CO Investment Adviser LLC bought a new position in shares of HudBay Minerals during the third quarter valued at approximately $1,454,000. L1 Capital Pty Ltd raised its position in shares of HudBay Minerals by 4.4% during the 2nd quarter. L1 Capital Pty Ltd now owns 15,054,087 shares of the mining company’s stock worth $159,864,000 after purchasing an additional 630,703 shares during the period. Precision Wealth Strategies LLC bought a new stake in shares of HudBay Minerals in the 3rd quarter worth approximately $855,000. Finally, Franklin Resources Inc. lifted its holdings in shares of HudBay Minerals by 7.9% in the 2nd quarter. Franklin Resources Inc. now owns 833,163 shares of the mining company’s stock worth $8,844,000 after purchasing an additional 60,942 shares during the last quarter. 57.82% of the stock is owned by institutional investors.

HudBay Minerals Stock Up 1.0%

The firm has a market cap of $9.92 billion, a price-to-earnings ratio of 21.55 and a beta of 1.33. The stock has a 50-day moving average of $22.84 and a 200-day moving average of $17.43. The company has a current ratio of 0.97, a quick ratio of 0.76 and a debt-to-equity ratio of 0.18.

HudBay Minerals Company Profile

HudBay Minerals Inc is a Canada-based mining company engaged in the exploration, development and production of base and precious metals. Its primary products include copper, zinc, gold and silver concentrates, which are sold to smelters and refiners worldwide. The company’s operations span multiple stages of the mining cycle, from resource definition and feasibility studies to mine construction, extraction and reclamation.

The company traces its roots back to 1927, when it was established as Hudson Bay Mining & Smelting Co Limited.