Stifel Canada Raises Earnings Estimates for HudBay Minerals

Key Points

• Stifel Canada has raised its earnings per share estimate for HudBay Minerals to $0.15 for Q3 2025, up from a prior estimate of $0.09, reflecting increased confidence in the company's financial performance.
• The stock currently holds a consensus rating of "Buy" from analysts, with six analysts rating it as "buy" and two as "strong buy."
• HudBay Minerals recently performed well, reporting earnings of $0.24 per share, exceeding consensus estimates of $0.10, alongside a 13.3% increase in revenue compared to the same quarter last year.

HudBay Minerals Inc (NYSE:HBM - Free Report) TSE: HBM - Stifel Canada increased their Q3 2025 earnings per share estimates for HudBay Minerals in a research note issued on Tuesday, July 22nd. Stifel Canada analyst R. Profiti now expects that the mining company will post earnings of $0.15 per share for the quarter, up from their prior estimate of $0.09. The consensus estimate for HudBay Minerals' current full-year earnings is $0.79 per share. Stifel Canada also issued estimates for HudBay Minerals' Q4 2025 earnings at $0.19 EPS, FY2025 earnings at $0.68 EPS and FY2026 earnings at $0.61 EPS.

HudBay Minerals (NYSE:HBM - Get Free Report) TSE: HBM last issued its quarterly earnings results on Monday, May 12th. The mining company reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.14. HudBay Minerals had a return on equity of 8.17% and a net margin of 7.40%. The business had revenue of $594.90 million for the quarter, compared to the consensus estimate of $537.36 million. During the same quarter in the previous year, the company posted $0.22 earnings per share. HudBay Minerals's revenue for the quarter was up 13.3% compared to the same quarter last year.

A number of other research analysts also recently weighed in on HBM. Desjardins started coverage on HudBay Minerals in a report on Friday, April 4th. They set a "buy" rating on the stock. Wall Street Zen downgraded HudBay Minerals from a "strong-buy" rating to a "buy" rating in a research note on Friday, July 18th. Raymond James Financial upgraded HudBay Minerals to a "moderate buy" rating in a research note on Monday, June 30th. Veritas upgraded HudBay Minerals to a "strong-buy" rating in a research note on Monday, July 7th. Finally, BMO Capital Markets initiated coverage on HudBay Minerals in a research note on Wednesday, April 16th. They issued an "outperform" rating on the stock. Six 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 data from MarketBeat, the stock currently has a consensus rating of "Buy".

HudBay Minerals Stock Down 1.3%

Shares of HBM stock traded down $0.13 on Friday, reaching $9.75. 3,533,216 shares of the company's stock traded hands, compared to its average volume of 7,346,291. HudBay Minerals has a 12-month low of $5.95 and a 12-month high of $11.13. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.92 and a current ratio of 2.32. The company has a market capitalization of $3.86 billion, a P/E ratio of 25.43, a price-to-earnings-growth ratio of 0.26 and a beta of 1.63. The business's 50 day moving average price is $9.80 and its two-hundred day moving average price is $8.50.

Hedge Funds Weigh In On HudBay Minerals

Several large investors have recently added to or reduced their stakes in HBM. Norges Bank bought a new stake in shares of HudBay Minerals in the 4th quarter valued at approximately $50,260,000. Millennium Management LLC grew its stake in shares of HudBay Minerals by 298.5% in the 1st quarter. Millennium Management LLC now owns 6,115,053 shares of the mining company's stock valued at $46,411,000 after purchasing an additional 4,580,718 shares during the period. L1 Capital Pty Ltd grew its stake in shares of HudBay Minerals by 44.1% in the 1st quarter. L1 Capital Pty Ltd now owns 14,423,384 shares of the mining company's stock valued at $109,365,000 after purchasing an additional 4,410,778 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of HudBay Minerals by 144.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 7,281,095 shares of the mining company's stock valued at $55,264,000 after purchasing an additional 4,299,428 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in shares of HudBay Minerals by 86.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 9,149,134 shares of the mining company's stock valued at $74,105,000 after purchasing an additional 4,253,400 shares during the period. Institutional investors and hedge funds own 57.82% of the company's stock.

HudBay Minerals Company Profile

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.