Stifel Canada Expects Reduced Earnings for Hudbay Minerals

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Equities researchers at Stifel Canada lowered their FY2025 EPS estimates for Hudbay Minerals in a report issued on Sunday, December 15th. Stifel Canada analyst C. Mcgill now forecasts that the mining company will earn $1.51 per share for the year, down from their prior estimate of $1.71. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.

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

Hudbay Minerals Trading Down 0.9 %

Hudbay Minerals stock opened at C$12.23 on Tuesday. The stock has a market cap of C$4.81 billion, a P/E ratio of 33.05, a P/E/G ratio of 3.97 and a beta of 1.83. The company’s fifty day simple moving average is C$12.69 and its 200-day simple moving average is C$11.93. Hudbay Minerals has a 12 month low of C$6.72 and a 12 month high of C$14.33. The company has a quick ratio of 0.85, a current ratio of 1.87 and a debt-to-equity ratio of 49.37.

Insider Activity at Hudbay Minerals

In other Hudbay Minerals news, Senior Officer Robert Alan Carter sold 8,014 shares of Hudbay Minerals 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 currently owned by company insiders.

Hudbay Minerals Company Profile

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.