Hudbay Minerals (HBM) Projected to Post Quarterly Earnings on Monday

Hudbay Minerals (NYSE:HBM - Get Free Report) TSE: HBM is anticipated to release its Q1 2025 earnings data before the market opens on Monday, May 12th. Analysts expect Hudbay Minerals to post earnings of $0.15 per share and revenue of $537.36 million for the quarter.

Hudbay Minerals (NYSE:HBM - Get Free Report) TSE: HBM last issued its earnings results on Wednesday, February 19th. The mining company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.02). The company had revenue of $584.90 million for the quarter, compared to analysts' expectations of $588.28 million. Hudbay Minerals had a return on equity of 7.29% and a net margin of 3.80%. Hudbay Minerals's revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.20 earnings per share. On average, analysts expect Hudbay Minerals to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hudbay Minerals Trading Down 2.5 %

NYSE:HBM traded down $0.19 on Wednesday, reaching $7.49. The stock had a trading volume of 3,330,390 shares, compared to its average volume of 4,782,389. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.86 and a quick ratio of 1.47. The company has a market cap of $2.96 billion, a price-to-earnings ratio of 41.61 and a beta of 1.56. The firm's fifty day moving average is $7.32 and its two-hundred day moving average is $8.21. Hudbay Minerals has a 12-month low of $5.95 and a 12-month high of $10.49.

Hudbay Minerals Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 4th were paid a dividend of $0.007 per share. The ex-dividend date of this dividend was Tuesday, March 4th. This is an increase from Hudbay Minerals's previous semi-annual dividend of $0.01. This represents a dividend yield of 0.2%. Hudbay Minerals's dividend payout ratio (DPR) is currently 5.56%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. StockNews.com upgraded shares of Hudbay Minerals from a "hold" rating to a "buy" rating in a report on Friday, February 7th. BMO Capital Markets initiated coverage on shares of Hudbay Minerals in a report on Wednesday, April 16th. They set an "outperform" rating for the company. Stifel Canada raised shares of Hudbay Minerals to a "strong-buy" rating in a research note on Wednesday, March 19th. Finally, Desjardins started coverage on shares of Hudbay Minerals in a research note on Friday, April 4th. They issued a "buy" rating for the company. Four 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, the company has a consensus rating of "Buy" and a consensus price target of $14.00.

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.