Hudbay Minerals Q1 EPS Lowered by National Bank Financial


Hudbay Minerals Q1 EPS Lowered by National Bank Financial

Hudbay Minerals Inc. (TSE:HBM - Free Report) NYSE: HBM - Stock analysts at National Bank Financial cut their Q1 2025 earnings estimates for shares of Hudbay Minerals in a research note issued to investors on Wednesday, February 19th. National Bank Financial analyst S. Nagle now expects that the mining company will post earnings per share of $0.14 for the quarter, down from their prior estimate of $0.24. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.12 per share.

Several other research analysts have also commented on the company. Stifel Nicolaus boosted their price target on Hudbay Minerals from C$16.00 to C$16.50 and gave the stock a "buy" rating in a research report on Thursday, January 30th. TD Securities reduced their target price on shares of Hudbay Minerals from C$15.00 to C$14.00 and set a "buy" rating for the company in a report on Thursday. Canaccord Genuity Group decreased their price target on shares of Hudbay Minerals from C$15.50 to C$14.00 and set a "buy" rating for the company in a research report on Thursday. National Bankshares cut their price objective on shares of Hudbay Minerals from C$17.00 to C$15.50 and set an "outperform" rating on the stock in a research report on Thursday. Finally, Scotiabank decreased their target price on shares of Hudbay Minerals from C$15.50 to C$14.00 and set an "outperform" rating for the company in a research report on Thursday. Thirteen investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Hudbay Minerals presently has an average rating of "Buy" and an average price target of C$15.12.

Get Our Latest Stock Report on HBM

Hudbay Minerals stock opened at C$10.78 on Friday. 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 market cap of C$2.99 billion, a P/E ratio of 30.36, a P/E/G ratio of 3.97 and a beta of 1.83. The business has a fifty day moving average of C$12.27 and a two-hundred day moving average of C$11.89. Hudbay Minerals has a twelve month low of C$7.07 and a twelve month high of C$14.33.

In related news, Senior Officer Robert Alan Carter sold 8,014 shares of the firm's stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of C$13.24, for a total transaction of C$106,105.36. Corporate insiders own 0.07% of the company's stock.

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.

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