Cormark Has Pessimistic View of Hudbay Minerals Q3 Earnings

Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Equities researchers at Cormark cut their Q3 2025 earnings estimates for shares of Hudbay Minerals in a research report issued on Monday, July 21st. Cormark analyst S. Ioannou now expects that the mining company will earn $0.19 per share for the quarter, down from their prior estimate of $0.20. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.12 per share.

HBM has been the subject of a number of other reports. Desjardins upped their price objective on shares of Hudbay Minerals from C$16.00 to C$17.00 and gave the company a "buy" rating in a research report on Thursday, May 22nd. Scotiabank upped their price objective on shares of Hudbay Minerals from C$14.00 to C$15.50 in a research report on Monday, June 16th. National Bankshares upped their price objective on shares of Hudbay Minerals from C$14.50 to C$16.50 and gave the company an "outperform" rating in a research report on Wednesday, July 9th. TD Securities upped their price objective 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 increased their price target on shares of Hudbay Minerals from C$16.00 to C$17.00 and gave the stock an "outperform" rating in a research report on Wednesday, June 4th. Eight investment 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.com, the stock has a consensus rating of "Buy" and an average price target of C$16.17.

Hudbay Minerals Stock Down 2.0%

TSE:HBM traded down C$0.27 on Thursday, reaching C$13.55. The stock had a trading volume of 1,037,548 shares, compared to its average volume of 1,706,936. 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 company has a 50-day moving average of C$13.41 and a 200 day moving average of C$11.92. The stock has a market cap of C$3.76 billion, a P/E ratio of 38.16, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83. Hudbay Minerals has a 12-month low of C$8.49 and a 12-month high of C$15.19.

Insider Transactions at Hudbay Minerals

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

About Hudbay Minerals

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.