Hudbay Minerals FY2027 EPS Forecast Raised by Stifel Canada

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Equities researchers at Stifel Canada boosted their FY2027 EPS estimates for shares of Hudbay Minerals in a research note issued to investors on Monday, December 16th. Stifel Canada analyst C. Mcgill now forecasts that the mining company will post earnings of $1.34 per share for the year, up from their prior forecast of $1.33. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share. Stifel Canada also issued estimates for Hudbay Minerals’ FY2028 earnings at $1.54 EPS.

Several other equities analysts have also recently weighed in on HBM. Jefferies Financial Group raised their price target on shares of Hudbay Minerals from C$14.00 to C$15.00 in a research report on Friday, October 4th. Scotiabank raised their price objective on shares of Hudbay Minerals from C$14.50 to C$15.00 and gave the stock an “outperform” rating in a report on Tuesday, October 8th. Royal Bank of Canada lowered their target price on Hudbay Minerals from C$18.00 to C$16.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 10th. Finally, National Bankshares upped their price target on shares of Hudbay Minerals from C$15.50 to C$16.75 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. Twelve investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$15.54.

Hudbay Minerals Stock Down 0.1 %

Hudbay Minerals stock traded down C$0.01 during mid-day trading on Thursday, reaching C$11.35. The stock had a trading volume of 319,090 shares, compared to its average volume of 1,549,982. Hudbay Minerals has a fifty-two week low of C$6.72 and a fifty-two week high of C$14.33. The stock’s 50-day simple moving average is C$12.65 and its 200-day simple moving average is C$11.91. The company has a debt-to-equity ratio of 49.37, a quick ratio of 0.85 and a current ratio of 1.87. The firm has a market capitalization of C$4.47 billion, a PE ratio of 30.68, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83.

Insiders Place Their Bets

In other Hudbay Minerals news, Senior Officer Robert Alan Carter sold 8,014 shares of the business’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of C$13.24, for a total value of C$106,105.36. Corporate insiders own 0.07% of the company’s stock.

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.