Stifel Canada Raises Earnings Estimates for Hudbay Minerals

Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Research analysts at Stifel Canada raised their Q1 2026 EPS estimates for Hudbay Minerals in a note issued to investors on Tuesday, July 22nd. Stifel Canada analyst R. Profiti now forecasts that the mining company will post earnings of $0.20 per share for the quarter, up from their prior forecast of $0.14. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.12 per share. Stifel Canada also issued estimates for Hudbay Minerals' Q2 2026 earnings at $0.20 EPS, Q3 2026 earnings at $0.20 EPS, Q4 2026 earnings at $0.20 EPS, Q1 2027 earnings at $0.27 EPS and Q2 2027 earnings at $0.27 EPS.

Several other research analysts have also commented on HBM. TD Securities raised their price target on shares of Hudbay Minerals from C$13.00 to C$15.00 and gave the company a "buy" rating in a report on Tuesday, June 24th. Jefferies Financial Group increased their price objective on shares of Hudbay Minerals from C$14.00 to C$17.00 in a research note on Friday, April 4th. Desjardins lifted their price objective on shares of Hudbay Minerals from C$16.00 to C$17.00 and gave the stock a "buy" rating in a report on Thursday, May 22nd. National Bankshares increased their price target on Hudbay Minerals from C$14.50 to C$16.50 and gave the stock an "outperform" rating in a research report on Wednesday, July 9th. Finally, Royal Bank Of Canada lifted their price objective on shares of Hudbay Minerals from C$16.00 to C$17.00 and gave the company an "outperform" rating in a research report on Wednesday, June 4th. Eight equities research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of C$16.17.

Hudbay Minerals Trading Down 0.4%

Shares of HBM stock traded down C$0.06 during trading hours on Thursday, hitting C$13.49. 1,097,391 shares of the company were exchanged, compared to its average volume of 1,702,202. The firm has a market cap of C$3.74 billion, a PE ratio of 37.99, a PEG ratio of 3.97 and a beta of 1.83. Hudbay Minerals has a 1 year low of C$8.49 and a 1 year high of C$15.19. The company has a quick ratio of 0.85, a current ratio of 1.86 and a debt-to-equity ratio of 46.39. The firm has a fifty day moving average of C$13.41 and a 200 day moving average of C$11.90.

Insider Buying and Selling

In other news, Director Gregory Paul Dryden sold 30,000 shares of the firm's stock in a transaction on Friday, June 6th. The stock was sold at an average price of C$13.21, for a total transaction of C$396,204.00. Also, Senior Officer Mark Zachary Gupta sold 2,874 shares of the business's stock in a transaction on Friday, June 6th. The stock was sold at an average price of C$13.25, for a total value of C$38,080.50. Insiders sold a total of 34,074 shares of company stock worth $447,953 over the last quarter. Insiders own 0.07% of the company's stock.

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.