HudBay Minerals (NYSE:HBM) Raised to Buy at Wall Street Zen

HudBay Minerals (NYSE:HBM) (TSE:HBM) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Other analysts have also recently issued research reports about the company. National Bank Financial cut HudBay Minerals from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 28th. Zacks Research cut shares of HudBay Minerals from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of HudBay Minerals in a report on Thursday, January 15th. Jefferies Financial Group reiterated a “buy” rating on shares of HudBay Minerals in a report on Sunday, December 7th. Finally, Weiss Ratings upgraded shares of HudBay Minerals from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 10th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $26.00.

HudBay Minerals Trading Up 1.0%

Shares of NYSE:HBM opened at $25.00 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.97 and a quick ratio of 0.76. HudBay Minerals has a 1 year low of $5.95 and a 1 year high of $28.74. The company has a market cap of $9.92 billion, a P/E ratio of 21.55 and a beta of 1.33. The stock’s fifty day moving average price is $22.84 and its 200-day moving average price is $17.43.

HudBay Minerals (NYSE:HBM) (TSE:HBM) last announced its earnings results on Friday, February 20th. The mining company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.08). HudBay Minerals had a net margin of 22.38% and a return on equity of 8.89%. The company’s revenue was up 25.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.18 EPS. Sell-side analysts expect that HudBay Minerals will post 0.79 earnings per share for the current year.

Hedge Funds Weigh In On HudBay Minerals

A number of hedge funds have recently bought and sold shares of the business. Allworth Financial LP grew its position in shares of HudBay Minerals by 107.9% in the third quarter. Allworth Financial LP now owns 1,990 shares of the mining company’s stock valued at $30,000 after purchasing an additional 1,033 shares during the period. Quarry LP acquired a new stake in HudBay Minerals in the 3rd quarter valued at about $38,000. Global Retirement Partners LLC purchased a new position in HudBay Minerals during the third quarter worth approximately $45,000. IFP Advisors Inc purchased a new position in HudBay Minerals during the third quarter worth about $45,000. Finally, Banque Cantonale Vaudoise increased its position in shares of HudBay Minerals by 513.5% during the 3rd quarter. Banque Cantonale Vaudoise now owns 3,172 shares of the mining company’s stock worth $48,000 after purchasing an additional 2,655 shares during the last quarter. Hedge funds and other institutional investors own 57.82% of the company’s stock.

More HudBay Minerals News

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

About HudBay Minerals

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.