Analysts Offer Predictions for Hudbay Minerals Q2 Earnings

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Stock analysts at Cormark dropped their Q2 2026 earnings per share estimates for shares of Hudbay Minerals in a research report issued on Friday, February 21st. Cormark analyst S. Ioannou now forecasts that the mining company will post earnings per share of $0.13 for the quarter, down from their prior forecast of $0.17. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.

Several other equities analysts have also weighed in on HBM. Canaccord Genuity Group decreased their target price on shares of Hudbay Minerals from C$15.50 to C$14.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. Scotiabank lowered their price objective on Hudbay Minerals from C$15.50 to C$14.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. National Bankshares cut their target price on Hudbay Minerals from C$17.00 to C$15.50 and set an “outperform” rating for the company in a research note on Thursday, February 20th. Stifel Nicolaus upped their price target on Hudbay Minerals from C$16.00 to C$16.50 and gave the company a “buy” rating in a research note on Thursday, January 30th. Finally, TD Securities cut their price objective on Hudbay Minerals from C$15.00 to C$14.00 and set a “buy” rating for the company in a research report on Thursday, February 20th. Thirteen investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$15.12.

Hudbay Minerals Trading Down 1.5 %

Shares of HBM opened at C$10.17 on Monday. Hudbay Minerals has a 12-month low of C$7.37 and a 12-month high of C$14.33. The firm has a market capitalization of C$2.82 billion, a P/E ratio of 28.64, a P/E/G ratio of 3.97 and a beta of 1.83. The firm has a 50-day moving average price of C$12.14 and a 200 day moving average price of C$11.88. The company has a current ratio of 1.86, a quick ratio of 0.85 and a debt-to-equity ratio of 46.39.

Insiders Place Their Bets

In other news, Senior Officer Robert Alan Carter sold 8,014 shares of Hudbay Minerals stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of C$13.24, for a total transaction of C$106,105.36. Also, Director Peter Gerald Jan Kukielski bought 9,300 shares of Hudbay Minerals stock in a transaction dated Friday, February 21st. The stock was purchased at an average cost of C$10.76 per share, with a total value of C$100,068.00. 0.07% of the stock is owned by company insiders.

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.