Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Analysts at Desjardins increased their FY2025 earnings estimates for shares of Hudbay Minerals in a research note issued to investors on Wednesday, October 1st. Desjardins analyst B. Adams now forecasts that the mining company will post earnings of $1.17 per share for the year, up from their prior estimate of $1.06. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.12 per share.
A number of other equities analysts have also recently issued reports on HBM. Bank of America boosted their price objective on Hudbay Minerals from C$16.00 to C$18.00 in a report on Friday, August 29th. The Goldman Sachs Group raised shares of Hudbay Minerals to a "buy" rating in a research note on Monday, September 8th. Raymond James Financial upped their price target on shares of Hudbay Minerals from C$17.00 to C$18.50 in a report on Thursday, August 21st. Veritas raised shares of Hudbay Minerals to a "strong-buy" rating in a research note on Monday, July 7th. Finally, Royal Bank Of Canada boosted their price objective on shares of Hudbay Minerals from C$19.00 to C$20.00 in a research report on Wednesday, September 10th. Three analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of C$17.25.
View Our Latest Analysis on HBM
Hudbay Minerals Stock Up 0.7%
Shares of TSE:HBM opened at C$21.57 on Friday. The firm has a market capitalization of C$8.53 billion, a PE ratio of 29.55, a price-to-earnings-growth ratio of 3.97 and a beta of 2.02. The business has a 50 day simple moving average of C$16.56 and a two-hundred day simple moving average of C$13.57. Hudbay Minerals has a 1 year low of C$8.49 and a 1 year high of C$22.02. The company has a debt-to-equity ratio of 46.39, a current ratio of 1.86 and a quick ratio of 0.85.
Hudbay Minerals Announces Dividend
The firm also recently disclosed a half year 25 dividend, which was paid on Friday, September 19th. Stockholders of record on Friday, September 19th were paid a dividend of $0.01 per share. The ex-dividend date was Tuesday, September 2nd. This represents a dividend yield of 6.0%. Hudbay Minerals's dividend payout ratio (DPR) is currently 1.96%.
About Hudbay Minerals
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Hudbay Minerals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hudbay Minerals wasn't on the list.
While Hudbay Minerals currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
