FY2025 EPS Forecast for Hudbay Minerals Boosted by Analyst

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Equities researchers at National Bank Financial raised their FY2025 earnings estimates for Hudbay Minerals in a report released on Wednesday, November 13th. National Bank Financial analyst S. Nagle now expects that the mining company will post earnings per share of $0.95 for the year, up from their previous forecast of $0.92. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.

Other equities analysts have also recently issued reports about the stock. Stifel Nicolaus upped their price objective on shares of Hudbay Minerals from C$15.00 to C$16.00 and gave the company a “buy” rating in a research report on Monday, July 22nd. National Bankshares raised their price objective on 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. Royal Bank of Canada reduced their target price on Hudbay Minerals from C$18.00 to C$16.00 and set an “outperform” rating for the company in a research note on Tuesday, September 10th. Scotiabank lifted their price target on shares of Hudbay Minerals from C$14.50 to C$15.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. Finally, Canaccord Genuity Group reduced their price objective on shares of 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 company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of C$15.54.

Hudbay Minerals Trading Up 0.1 %

TSE HBM opened at C$12.01 on Friday. The stock has a market cap of C$4.73 billion, a P/E ratio of 32.46, a PEG ratio of 3.97 and a beta of 1.83. The company’s fifty day simple moving average is C$12.01 and its 200-day simple moving average is C$11.90. The company has a current ratio of 1.87, a quick ratio of 0.85 and a debt-to-equity ratio of 49.37. Hudbay Minerals has a 52 week low of C$5.88 and a 52 week high of C$14.33.

Hudbay Minerals Dividend Announcement

The business also recently announced a 1 dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Friday, September 20th were issued a dividend of $0.02 per share. This represents a dividend yield of 0.09%. The ex-dividend date was Friday, September 20th. Hudbay Minerals’s dividend payout ratio (DPR) is presently 5.41%.

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.