Cormark Brokers Boost Earnings Estimates for Hudbay Minerals

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Equities research analysts at Cormark raised their FY2025 earnings per share (EPS) estimates for Hudbay Minerals in a research note issued to investors on Monday, March 31st. Cormark analyst S. Ioannou now expects that the mining company will post earnings of $0.63 per share for the year, up from their previous forecast of $0.55. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share. Cormark also issued estimates for Hudbay Minerals’ Q4 2025 earnings at $0.03 EPS, Q2 2026 earnings at $0.11 EPS, Q3 2026 earnings at $0.11 EPS and FY2026 earnings at $0.49 EPS.

Several other analysts also recently commented on the stock. TD Securities lowered their target price on shares of Hudbay Minerals from C$15.00 to C$14.00 and set a “buy” rating for the company in a report on Thursday, February 20th. Stifel Nicolaus increased their price objective on shares of Hudbay Minerals from C$16.00 to C$16.50 and gave the company a “buy” rating in a research note on Thursday, January 30th. Scotiabank cut their target price on Hudbay Minerals from C$14.00 to C$13.50 and set an “outperform” rating on the stock in a research note on Friday, March 28th. Stifel Canada raised Hudbay Minerals to a “strong-buy” rating in a research report on Wednesday, March 19th. Finally, Canaccord Genuity Group dropped their price target on Hudbay Minerals from C$15.50 to C$14.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. Thirteen equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Hudbay Minerals presently has a consensus rating of “Buy” and an average target price of C$15.15.

Hudbay Minerals Price Performance

Shares of TSE:HBM opened at C$11.02 on Tuesday. The company has a current ratio of 1.86, a quick ratio of 0.85 and a debt-to-equity ratio of 46.39. The stock has a market cap of C$3.06 billion, a PE ratio of 31.03, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83. The stock’s fifty day simple moving average is C$11.48 and its two-hundred day simple moving average is C$11.97. Hudbay Minerals has a 1-year low of C$9.08 and a 1-year high of C$14.33.

Insider Activity at Hudbay Minerals

In other news, Senior Officer Francisco Javier Del Rio Del Aguila sold 12,959 shares of the firm’s stock in a transaction on Thursday, March 20th. The stock was sold at an average price of C$12.00, for a total value of C$155,508.00. Also, Director Peter Gerald Jan Kukielski acquired 9,300 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were bought at an average price of C$10.76 per share, for a total transaction of C$100,068.00. In the last three months, insiders have bought 11,800 shares of company stock worth $127,418. Company insiders own 0.07% of the company’s stock.

Hudbay Minerals Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 21st were issued a $0.01 dividend. This represents a yield of 0.1%. The ex-dividend date was Tuesday, March 4th. Hudbay Minerals’s dividend payout ratio (DPR) is currently 5.63%.

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.