FY2025 EPS Estimates for Hudbay Minerals Boosted by Cormark

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Equities researchers at Cormark lifted their FY2025 earnings estimates for Hudbay Minerals in a research note issued to investors on Tuesday, January 7th. Cormark analyst S. Ioannou now expects that the mining company will post earnings of $1.32 per share for the year, up from their prior estimate of $1.29. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.

Several other equities research analysts also recently issued reports on the stock. Jefferies Financial Group raised their target price on shares of Hudbay Minerals from C$14.00 to C$15.00 in a research note on Friday, October 4th. National Bankshares lifted their target price on Hudbay Minerals from C$15.50 to C$16.75 and gave the stock an “outperform” rating in a research note on Tuesday, October 15th. Finally, Scotiabank increased their price target on Hudbay Minerals from C$14.50 to C$15.00 and gave the company an “outperform” rating in a research note on Tuesday, October 8th. Twelve equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Hudbay Minerals presently has an average rating of “Buy” and an average price target of C$15.54.

Hudbay Minerals Stock Performance

Shares of HBM stock opened at C$12.63 on Thursday. The stock has a market cap of C$4.97 billion, a P/E ratio of 34.14, a P/E/G ratio of 3.97 and a beta of 1.83. The company has a fifty day moving average price of C$12.38 and a two-hundred day moving average price of C$11.83. Hudbay Minerals has a one year low of C$6.72 and a one year high of C$14.33. The company has a debt-to-equity ratio of 49.37, a current ratio of 1.87 and a quick ratio of 0.85.

Insiders Place Their Bets

In other news, Senior Officer Robert Alan Carter sold 8,014 shares of the company’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of C$13.24, for a total transaction of C$106,105.36. Company insiders own 0.07% of the company’s stock.

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.