Paradigm Capital Weighs in on Hudbay Minerals Q4 Earnings

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Analysts at Paradigm Capital increased their Q4 2024 EPS estimates for shares of Hudbay Minerals in a report released on Tuesday, October 22nd. Paradigm Capital analyst J. Woolley now expects that the mining company will post earnings of $0.25 per share for the quarter, up from their prior estimate of $0.22. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share. Paradigm Capital also issued estimates for Hudbay Minerals’ FY2028 earnings at $1.30 EPS.

Other equities analysts have also recently issued research reports about the stock. Royal Bank of Canada lowered 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 research note on Tuesday, September 10th. Eight Capital increased their price objective on Hudbay Minerals from C$14.50 to C$18.00 in a research report on Thursday, July 11th. National Bankshares lifted their target price on Hudbay Minerals from C$15.50 to C$16.75 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. Scotiabank upped their target price on Hudbay Minerals from C$14.50 to C$15.00 and gave the company an “outperform” rating in a report on Tuesday, October 8th. Finally, Canaccord Genuity Group dropped their price target on Hudbay Minerals from C$16.00 to C$15.00 in a research note on Monday, July 22nd. Twelve research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$15.54.

Hudbay Minerals Stock Up 1.3 %

Shares of HBM stock opened at C$13.37 on Friday. The company has a debt-to-equity ratio of 49.37, a quick ratio of 0.85 and a current ratio of 1.87. The business’s fifty day moving average is C$11.44 and its 200-day moving average is C$11.70. Hudbay Minerals has a 1 year low of C$5.46 and a 1 year high of C$14.33. The stock has a market cap of C$5.26 billion, a PE ratio of 36.14, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83.

Hudbay Minerals Announces Dividend

The firm also recently disclosed a 1 dividend, which was paid on Tuesday, September 3rd. Investors of record on Friday, September 20th were issued a $0.02 dividend. This represents a yield of 0.09%. The ex-dividend date was Friday, September 20th. Hudbay Minerals’s dividend payout ratio is presently 5.41%.

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.