Hudbay Minerals Inc

Hudbay Minerals Inc Stock Forecast & Price Prediction

Live Hudbay Minerals Inc Stock (HBM) Price
$8.72

6

Ratings

  • Buy 6
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$8.72

P/E Ratio

32.30

Volume Traded Today

$4.6M

Dividend

$0.0074

52 Week High/low

10.49/4.25

Hudbay Minerals Inc Market Cap

$3.44B

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HBM Summary

Based on ratings from 6 stock analysts, the Hudbay Minerals Inc stock price is expected to increase by 37.84% in 12 months. This is calculated by using the average 12-month stock price forecast for Hudbay Minerals Inc. The lowest target is $11.48 and the highest is $12.91. Please note analyst price targets are not guaranteed and could be missed completely.

HBM Analyst Ratings

Hudbay Minerals Inc has a total of 6 Wall St Analyst ratings. There are 6 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Hudbay Minerals Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

HBM stock forecast by analyst

These are the latest 20 analyst ratings of HBM.

Analyst/Firm

Rating

Price Target

Change

Date

Matthew Murphy
Jefferies

Hold

$14

Maintains

Jul 12, 2024
Matthew Murphy
Jefferies

Hold

$13

Initiates

May 3, 2024
Lawson Winder
B of A Securities

Buy

$9

Upgrade

Apr 9, 2024
Farooq Hamed
Raymond James

Outperform

$10.5

Maintains

Mar 20, 2024
Greg Barnes
TD Securities

Buy

$10.5

Maintains

Sep 12, 2023

Credit Suisse

Outperform


Maintains

Aug 21, 2023
Matthew Murphy
Barclays

Overweight


Upgrade

Jul 7, 2023
Orest Wowkodaw
Scotiabank

Sector Outperform

$10.5

Maintains

Jun 28, 2023
Oscar Cabrera
CIBC

Outperformer

$9

Maintains

Jun 21, 2023

Scotiabank

Sector Outperform


Maintains

Apr 18, 2023

Scotiabank

Sector Outperform


Maintains

Mar 31, 2023

Scotiabank

Sector Outperform


Maintains

Mar 14, 2023

RBC Capital

Outperform


Upgrade

Mar 31, 2021
Oscar Cabrera
CIBC

Outperformer

$8

Upgrade

Jan 23, 2020

ScotiaBank

Sector Outperform


Downgrade

Nov 12, 2019

Scotiabank

Sector Outperform


Downgrade

Nov 12, 2019

Credit Suisse

Outperform


Upgrade

Mar 11, 2019

BMO Capital

Outperform


Initiates

Jan 9, 2019

RBC Capital

Sector Perform


Downgrade

Dec 13, 2018

Barclays

Overweight


Initiates

Oct 10, 2018

HBM Company Information

What They Do: Diversified mining company focused on exploration and production.

Business Model: Hudbay Minerals generates revenue through the exploration, development, and operation of mining properties, primarily in North and South America. The company produces various metal concentrates, including copper, gold, zinc, molybdenum, and silver, which are sold to customers in the mining and metals industry.

Other Information: Founded in 1927 and headquartered in Toronto, Canada, Hudbay Minerals' flagship project is the Constancia mine in Peru, which is fully owned by the company. This strategic asset contributes significantly to its production capabilities and overall market presence.
HBM
Hudbay Minerals Inc (HBM)

When did it IPO

2009

Staff Count

0

Country

Canada

Sector/Industry

Basic Materials/Copper

CEO

Mr. Peter Gerald Jan Kukielski Bsc, Msc

Market Cap

$3.44B

Hudbay Minerals Inc (HBM) Financial Data

In 2023, HBM generated $1.69B in revenue, which was a increase of 15.64% from the previous year. This can be seen as a signal that HBM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.09B

Revenue From 2021

$1.50B

37.49 %
From Previous Year

Revenue From 2022

$1.46B

-2.70 %
From Previous Year

Revenue From 2023

$1.69B

15.64 %
From Previous Year
  • Revenue TTM $2.03B
  • Operating Margin TTM 10.4%
  • Gross profit TTM $392.6M
  • Return on assets TTM 4.8%
  • Return on equity TTM 3.3%
  • Profit Margin 4.0%
  • Book Value Per Share 6.31%
  • Market capitalisation $3.44B
  • Revenue for 2021 $1.50B
  • Revenue for 2022 $1.46B
  • Revenue for 2023 $1.69B
  • EPS this year (TTM) $0.27

Hudbay Minerals Inc (HBM) Latest News

News Image

Fri, 08 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - HudBay Minerals (HBM) is set to report its Q3 2024 results, with analysts focusing on both top and bottom-line estimates, as well as key performance metrics for deeper insights.

Why It Matters - HudBay Minerals' performance against estimates impacts stock valuation and investor sentiment, influencing trading decisions and potential future earnings growth.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - HudBay Minerals (HBM) is expected to report strong earnings due to favorable conditions. Investors should prepare for key insights in the upcoming earnings report.

Why It Matters - HudBay Minerals' potential earnings beat may boost its stock price, indicating strong performance and investor confidence, which can attract more investment and positively impact market perception.

News Image

Mon, 04 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - HudBay Minerals (HBM) closed at $9.06 in the latest trading session, showing no change from the prior day.

Why It Matters - HudBay Minerals' stable closing price suggests a lack of volatility, which may signal market confidence or uncertainty, impacting investor sentiment and trading strategies.

News Image

Wed, 30 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Investors can utilize the Zacks Earnings ESP to identify stocks likely to surpass quarterly earnings estimates.

Why It Matters - The Zacks Earnings ESP highlights stocks likely to outperform earnings expectations, offering investors a strategic tool for identifying potential growth opportunities.

News Image

Mon, 28 Oct 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - HudBay Minerals (HBM) closed at $9.58, reflecting a decline of 0.42% from the previous trading day.

Why It Matters - HudBay Minerals' slight decline indicates potential volatility, affecting investor sentiment and decisions regarding short-term trading and long-term investment strategies.

News Image

Thu, 17 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Hudbay Minerals Inc. will hold a conference call on November 13, 2024, at 11:00 a.m. ET to discuss its Q3 2024 results.

Why It Matters - Hudbay's upcoming Q3 2024 results call may reveal key financial performance metrics, impacting stock valuation and investor sentiment based on operational insights and future outlook.

...

HBM Frequently asked questions

The highest forecasted price for HBM is $12.91 from at .

The lowest forecasted price for HBM is $11.48 from from

The HBM analyst ratings consensus are 6 buy ratings, 0 hold ratings, and 0 sell ratings.