Desjardins Reduces Earnings Estimates for Hudbay Minerals

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Investment analysts at Desjardins lowered their FY2026 earnings estimates for Hudbay Minerals in a research note issued on Wednesday, November 12th. Desjardins analyst B. Adams now anticipates that the mining company will post earnings per share of $1.01 for the year, down from their prior estimate of $1.08. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.

HBM has been the topic of several other research reports. Royal Bank Of Canada upped their target price on Hudbay Minerals from C$19.00 to C$20.00 in a research report on Wednesday, September 10th. Jefferies Financial Group lifted their price objective on shares of Hudbay Minerals from C$25.00 to C$28.00 in a research note on Friday, October 17th. Scotiabank decreased their target price on shares of Hudbay Minerals from C$26.50 to C$26.00 in a research report on Thursday. National Bankshares lifted their price target on shares of Hudbay Minerals from C$22.00 to C$25.00 in a research report on Wednesday, October 8th. Finally, Bank of America raised their target price on shares of Hudbay Minerals from C$22.50 to C$26.75 in a report on Thursday, October 16th. Three equities research analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$21.83.

Hudbay Minerals Stock Performance

Shares of HBM traded up C$0.07 during mid-day trading on Friday, reaching C$22.34. The company’s stock had a trading volume of 642,194 shares, compared to its average volume of 1,801,640. The company has a current ratio of 1.86, a quick ratio of 0.85 and a debt-to-equity ratio of 46.39. Hudbay Minerals has a 1-year low of C$8.49 and a 1-year high of C$24.75. The business has a 50-day simple moving average of C$21.32 and a two-hundred day simple moving average of C$16.16. The stock has a market cap of C$8.84 billion, a P/E ratio of 30.60, a PEG ratio of 3.97 and a beta of 2.41.

Hudbay Minerals Dividend Announcement

The company also recently announced a half year 25 dividend, which was paid on Friday, September 19th. Investors of record on Friday, September 19th were issued a $0.01 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a yield of 6.0%. Hudbay Minerals’s payout ratio is presently 1.96%.

Hudbay Minerals Company Profile

Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals.