Hudbay Minerals FY2026 EPS Estimate Lowered by Scotiabank

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Equities researchers at Scotiabank dropped their FY2026 earnings estimates for Hudbay Minerals in a research note issued on Tuesday, July 15th. Scotiabank analyst O. Wowkodaw now expects that the mining company will post earnings per share of $0.76 for the year, down from their prior forecast of $0.81. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share. Scotiabank also issued estimates for Hudbay Minerals’ FY2026 earnings at $0.76 EPS.

HBM has been the subject of a number of other research reports. Veritas raised shares of Hudbay Minerals to a “strong-buy” rating in a research report on Monday, July 7th. Jefferies Financial Group raised their target price on shares of Hudbay Minerals from C$14.00 to C$17.00 in a research report on Friday, April 4th. BMO Capital Markets raised shares of Hudbay Minerals to a “strong-buy” rating in a research report on Tuesday, April 15th. TD Securities raised their target price on shares of Hudbay Minerals from C$13.00 to C$15.00 and gave the company a “buy” rating in a research report on Tuesday, June 24th. Finally, Royal Bank Of Canada lifted their price objective on shares of Hudbay Minerals from C$16.00 to C$17.00 and gave the company an “outperform” rating in a research report on Wednesday, June 4th. Eight equities research analysts have rated the stock with a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, Hudbay Minerals currently has a consensus rating of “Buy” and an average price target of C$16.05.

Hudbay Minerals Stock Down 0.4%

Hudbay Minerals stock opened at C$13.41 on Friday. The company has a market cap of C$3.72 billion, a P/E ratio of 37.76, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83. Hudbay Minerals has a 1-year low of C$8.49 and a 1-year high of C$15.19. The company has a fifty day simple moving average of C$13.22 and a 200 day simple moving average of C$11.86. The company has a current ratio of 1.86, a quick ratio of 0.85 and a debt-to-equity ratio of 46.39.

Insider Activity

In other Hudbay Minerals news, Director Gregory Paul Dryden sold 30,000 shares of the business’s stock in a transaction dated Friday, June 6th. The shares were sold at an average price of C$13.21, for a total value of C$396,204.00. Also, Senior Officer Mark Zachary Gupta sold 2,874 shares of the business’s stock in a transaction dated Friday, June 6th. The shares were sold at an average price of C$13.25, for a total transaction of C$38,080.50. Insiders have sold a total of 34,074 shares of company stock valued at $447,953 in the last ninety days. 0.07% of the stock is currently owned by insiders.

Hudbay Minerals Company Profile

Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals.