Stifel Canada Boosts Earnings Estimates for Hudbay Minerals

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Investment analysts at Stifel Canada increased their FY2027 earnings per share (EPS) estimates for Hudbay Minerals in a research note issued on Monday, December 16th. Stifel Canada analyst C. Mcgill now anticipates that the mining company will post earnings of $1.34 per share for the year, up from their prior forecast of $1.33. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share. Stifel Canada also issued estimates for Hudbay Minerals’ FY2028 earnings at $1.54 EPS.

Several other research analysts have also issued reports on HBM. Scotiabank raised their target price on shares of Hudbay Minerals from C$14.50 to C$15.00 and gave the company an “outperform” rating in a research note on Tuesday, October 8th. National Bankshares raised their price objective on shares of Hudbay Minerals from C$15.50 to C$16.75 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. Jefferies Financial Group upped their target price on shares of Hudbay Minerals from C$14.00 to C$15.00 in a research report on Friday, October 4th. Finally, Royal Bank of Canada reduced their price target on Hudbay Minerals from C$18.00 to C$16.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 10th. Twelve analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$15.54.

Hudbay Minerals Trading Down 0.1 %

Hudbay Minerals stock traded down C$0.01 during mid-day trading on Thursday, hitting C$11.35. The stock had a trading volume of 319,090 shares, compared to its average volume of 1,549,982. The stock has a market capitalization of C$4.47 billion, a PE ratio of 30.68, a P/E/G ratio of 3.97 and a beta of 1.83. Hudbay Minerals has a 12 month low of C$6.72 and a 12 month high of C$14.33. The company has a current ratio of 1.87, a quick ratio of 0.85 and a debt-to-equity ratio of 49.37. The stock has a 50-day simple moving average of C$12.65 and a two-hundred day simple moving average of C$11.91.

Insider Activity at Hudbay Minerals

In other Hudbay Minerals news, Senior Officer Robert Alan Carter sold 8,014 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of C$13.24, for a total value of C$106,105.36. 0.07% of the stock is owned by insiders.

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.