Hudbay Minerals Inc. (TSE:HBM) Given Consensus Rating of "Buy" by Analysts

Key Points

• Analysts maintain a bullish outlook on Hudbay Minerals, with 10 “buy,” two “strong buy” and one “hold” rating among 13 brokerages. The average 12-month price target is C$40.91.
• Recent analyst updates were mixed, with some firms raising targets while others cut them; revised targets generally remain positive, ranging from C$35 to C$46.
• Hudbay reported quarterly EPS of C$0.40 and revenue of C$896.94 million, while its quarterly dividend remains C$0.01 per share, equivalent to a 0.1% yield.

Hudbay Minerals Inc. (TSE:HBM - Get Free Report) NYSE: HBM has been given an average recommendation of "Buy" by the thirteen brokerages that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, ten have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is C$40.91.

Several research analysts recently weighed in on the stock. National Bank Financial reduced their price target on shares of Hudbay Minerals from C$40.00 to C$38.50 and set a "sector perform" rating for the company in a research report on Tuesday, July 14th. Canadian Imperial Bank of Commerce lifted their price objective on Hudbay Minerals from C$42.00 to C$46.00 in a report on Tuesday, April 21st. Barclays boosted their price objective on Hudbay Minerals from C$41.00 to C$45.00 in a research note on Thursday, July 16th. BMO Capital Markets reduced their target price on Hudbay Minerals from C$46.00 to C$44.00 and set an "outperform" rating for the company in a report on Thursday. Finally, Stifel Nicolaus raised their target price on Hudbay Minerals from C$41.00 to C$43.00 and gave the company a "buy" rating in a research report on Tuesday, July 21st.

Trending Headlines about Hudbay Minerals

Here are the key news stories impacting Hudbay Minerals this week:

• Positive Sentiment: Analysts remain constructive on Hudbay, with Scotiabank maintaining a “sector outperform” rating, BMO Capital Markets reiterating “outperform,” Canaccord Genuity retaining a “buy” rating, and ATB Cormark keeping an “outperform” rating. Their revised targets of C$35.00 to C$44.00 still imply approximately 10% to 38% potential upside from recent trading levels. Analysts Offer Insights on Materials Companies
• Neutral Sentiment: Hudbay corrected a typographical error in its previous announcement regarding the record date and payment date for its quarterly cash dividend scheduled for September 2026. The correction clarifies the dividend timetable but does not change the underlying dividend or indicate a change in the company’s capital-return policy. Hudbay Announces Correction to its Upcoming Dividend Record and Payment Dates
• Negative Sentiment: Four analysts lowered their Hudbay price targets: Scotiabank cut its target from C$44.00 to C$43.00, BMO from C$46.00 to C$44.00, Canaccord from C$40.00 to C$39.50, and ATB Cormark from C$35.50 to C$35.00. Although all retained positive ratings, the reductions suggest more cautious assumptions about valuation, metals prices, or near-term execution. Hudbay Minerals Analyst Ratings

Hudbay Minerals Stock Performance

TSE:HBM opened at C$31.81 on Monday. The company has a debt-to-equity ratio of 19.04, a quick ratio of 0.85 and a current ratio of 2.24. The company has a fifty day moving average of C$34.72 and a two-hundred day moving average of C$33.45. The stock has a market capitalization of C$14.13 billion, a PE ratio of 19.54, a P/E/G ratio of 3.97 and a beta of 2.36. Hudbay Minerals has a fifty-two week low of C$12.44 and a fifty-two week high of C$44.48.

Hudbay Minerals (TSE:HBM - Get Free Report) NYSE: HBM last posted its quarterly earnings data on Wednesday, July 29th. The mining company reported C$0.40 earnings per share (EPS) for the quarter. Hudbay Minerals had a net margin of 27.22% and a return on equity of 18.41%. The business had revenue of C$896.94 million for the quarter. As a group, research analysts forecast that Hudbay Minerals will post 1.1220575 earnings per share for the current fiscal year.

Hudbay Minerals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 26th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Tuesday, June 9th. Hudbay Minerals's dividend payout ratio is currently 1.32%.

Hudbay Minerals Company Profile

Hudbay TSX, NYSE: HBM is a copper-focused critical minerals mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining jurisdictions of Canada, Peru and the United States. Hudbay's operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the Company, which is complemented by meaningful gold production and by-product zinc, silver and molybdenum.

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