Paradigm Capital Weighs in on Hudbay Minerals Q4 Earnings

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Investment analysts at Paradigm Capital upped their Q4 2024 earnings per share (EPS) estimates for shares of Hudbay Minerals in a report issued on Tuesday, October 22nd. Paradigm Capital analyst J. Woolley now expects that the mining company will post earnings of $0.25 per share for the quarter, up from their prior estimate of $0.22. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share. Paradigm Capital also issued estimates for Hudbay Minerals’ FY2028 earnings at $1.30 EPS.

A number of other research firms also recently issued reports on HBM. Canaccord Genuity Group reduced their price target on shares of Hudbay Minerals from C$16.00 to C$15.00 in a research report on Monday, July 22nd. Scotiabank raised their target price 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. National Bankshares upped their target price on Hudbay Minerals from C$15.50 to C$16.75 and gave the company an “outperform” rating in a report on Tuesday, October 15th. Stifel Canada raised Hudbay Minerals to a “strong-buy” rating in a report on Monday, July 22nd. Finally, Eight Capital boosted their price objective on Hudbay Minerals from C$14.50 to C$18.00 in a research report on Thursday, July 11th. Twelve 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, the stock has a consensus rating of “Buy” and an average price target of C$15.54.

Hudbay Minerals Stock Performance

Shares of HBM opened at C$13.37 on Friday. The company has a debt-to-equity ratio of 49.37, a current ratio of 1.87 and a quick ratio of 0.85. Hudbay Minerals has a 12-month low of C$5.46 and a 12-month high of C$14.33. The business’s fifty day moving average price is C$11.44 and its 200 day moving average price is C$11.69. The stock has a market capitalization of C$5.26 billion, a PE ratio of 36.14, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83.

Hudbay Minerals Announces Dividend

The business also recently announced a 1 dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Friday, September 20th were issued a dividend of $0.02 per share. This represents a dividend yield of 0.09%. The ex-dividend date of this dividend was Friday, September 20th. Hudbay Minerals’s dividend payout ratio is 5.41%.

Hudbay Minerals Company Profile

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.