Desjardins Decreases Earnings Estimates for HudBay Minerals

HudBay Minerals Inc (NYSE:HBM) (TSE:HBM) – Desjardins reduced their Q3 2025 earnings estimates for shares of HudBay Minerals in a research report issued to clients and investors on Tuesday, October 14th. Desjardins analyst B. Adams now forecasts that the mining company will post earnings per share of $0.05 for the quarter, down from their previous forecast of $0.13. The consensus estimate for HudBay Minerals’ current full-year earnings is $0.79 per share.

HudBay Minerals (NYSE:HBM) (TSE:HBM) last issued its quarterly earnings results on Wednesday, August 13th. The mining company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.08. The business had revenue of $536.40 million for the quarter, compared to analysts’ expectations of $558.21 million. HudBay Minerals had a net margin of 13.13% and a return on equity of 10.73%. The business’s quarterly revenue was up 26.1% compared to the same quarter last year.

Other research analysts have also recently issued research reports about the stock. Bank of America lifted their price target on shares of HudBay Minerals from $16.50 to $19.50 and gave the stock a “buy” rating in a research note on Thursday. CIBC restated an “outperform” rating on shares of HudBay Minerals in a research note on Tuesday, July 15th. National Bankshares restated an “outperform” rating on shares of HudBay Minerals in a research note on Thursday, August 14th. Royal Bank Of Canada restated an “outperform” rating on shares of HudBay Minerals in a research note on Thursday, August 14th. Finally, Wall Street Zen upgraded shares of HudBay Minerals from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, September 10th. Three research analysts have rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $19.50.

HudBay Minerals Trading Down 0.4%

Shares of HudBay Minerals stock opened at $17.24 on Friday. The company’s fifty day simple moving average is $13.44 and its 200-day simple moving average is $10.41. The stock has a market capitalization of $6.83 billion, a PE ratio of 23.62 and a beta of 1.55. HudBay Minerals has a 1-year low of $5.95 and a 1-year high of $17.73. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.03 and a quick ratio of 0.86.

HudBay Minerals Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 2nd were paid a $0.0073 dividend. This represents a yield of 17.0%. The ex-dividend date was Tuesday, September 2nd. This is an increase from HudBay Minerals’s previous semi-annual dividend of $0.01. HudBay Minerals’s dividend payout ratio is presently 1.37%.

Institutional Trading of HudBay Minerals

Hedge funds have recently bought and sold shares of the stock. SBI Securities Co. Ltd. lifted its stake in HudBay Minerals by 64.6% in the 1st quarter. SBI Securities Co. Ltd. now owns 3,773 shares of the mining company’s stock worth $29,000 after purchasing an additional 1,481 shares in the last quarter. Banque Cantonale Vaudoise purchased a new stake in HudBay Minerals in the 1st quarter worth $33,000. Jones Financial Companies Lllp increased its holdings in shares of HudBay Minerals by 131.6% in the 1st quarter. Jones Financial Companies Lllp now owns 6,570 shares of the mining company’s stock worth $50,000 after buying an additional 3,733 shares during the last quarter. Plato Investment Management Ltd purchased a new stake in shares of HudBay Minerals during the 2nd quarter valued at about $84,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of HudBay Minerals during the 2nd quarter valued at about $116,000. Hedge funds and other institutional investors own 57.82% 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.