Raymond James Financial Estimates HudBay Minerals Q2 Earnings

HudBay Minerals Inc (NYSE:HBM) (TSE:HBM) – Research analysts at Raymond James Financial issued their Q2 2025 earnings per share estimates for shares of HudBay Minerals in a research report issued on Monday, June 30th. Raymond James Financial analyst J. Elliott anticipates that the mining company will post earnings per share of $0.20 for the quarter. Raymond James Financial has a “Moderate Buy” rating on the stock. The consensus estimate for HudBay Minerals’ current full-year earnings is $0.79 per share. Raymond James Financial also issued estimates for HudBay Minerals’ Q3 2025 earnings at $0.22 EPS, Q4 2025 earnings at $0.16 EPS and FY2025 earnings at $0.64 EPS.

HudBay Minerals (NYSE:HBM) (TSE:HBM) last issued its earnings results on Monday, May 12th. The mining company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.14. HudBay Minerals had a return on equity of 8.17% and a net margin of 7.40%. The business had revenue of $594.90 million during the quarter, compared to the consensus estimate of $537.36 million. During the same period last year, the company earned $0.22 EPS. The company’s revenue for the quarter was up 13.3% on a year-over-year basis.

Several other research analysts have also commented on the company. Stifel Canada upgraded HudBay Minerals to a “strong-buy” rating in a research report on Wednesday, March 19th. Scotiabank reissued an “outperform” rating on shares of HudBay Minerals in a research note on Tuesday, May 13th. Desjardins assumed coverage on HudBay Minerals in a research report on Friday, April 4th. They issued a “buy” rating for the company. BMO Capital Markets assumed coverage on shares of HudBay Minerals in a research report on Wednesday, April 16th. They set an “outperform” rating on the stock. Finally, Wall Street Zen raised shares of HudBay Minerals from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 21st. Four analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, HudBay Minerals presently has an average rating of “Buy” and an average target price of $14.00.

HudBay Minerals Price Performance

NYSE:HBM opened at $10.75 on Wednesday. HudBay Minerals has a 52 week low of $5.95 and a 52 week high of $11.13. The stock’s fifty day moving average is $8.98 and its two-hundred day moving average is $8.28. The company has a market capitalization of $4.25 billion, a P/E ratio of 28.29, a P/E/G ratio of 0.31 and a beta of 1.63. The company has a quick ratio of 1.92, a current ratio of 2.32 and a debt-to-equity ratio of 0.42.

Institutional Investors Weigh In On HudBay Minerals

Hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new position in shares of HudBay Minerals during the 4th quarter worth $50,260,000. Millennium Management LLC grew its stake in HudBay Minerals by 298.5% in the 1st quarter. Millennium Management LLC now owns 6,115,053 shares of the mining company’s stock valued at $46,411,000 after acquiring an additional 4,580,718 shares during the last quarter. L1 Capital Pty Ltd raised its position in HudBay Minerals by 44.1% during the first quarter. L1 Capital Pty Ltd now owns 14,423,384 shares of the mining company’s stock worth $109,365,000 after acquiring an additional 4,410,778 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of HudBay Minerals by 144.2% in the first quarter. Goldman Sachs Group Inc. now owns 7,281,095 shares of the mining company’s stock valued at $55,264,000 after purchasing an additional 4,299,428 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of HudBay Minerals by 86.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 9,149,134 shares of the mining company’s stock valued at $74,105,000 after purchasing an additional 4,253,400 shares during the last quarter. Institutional investors and hedge funds own 57.82% of the company’s stock.

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.