In today’s recent session, 1.13 million shares of the Hudbay Minerals Inc (NYSE:HBM) have been traded, and its beta is 1.57. Most recently the company’s share price was $7.04, and it changed around -$0.01 or -0.14% from the last close, which brings the market valuation of the company to $2.47B. HBM at last check was trading at a discount to its 52-week high of $10.49, offering almost -49.01% off that amount. The share price’s 52-week low was $5.95, which indicates that the recent value has risen by an impressive 15.48% since then. We note from Hudbay Minerals Inc’s average daily trading volume that its 10-day average is 10.72 million shares, with the 3-month average coming to 7.80 million.
Hudbay Minerals Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.06. If we narrow it down even further, the data shows that 0 out of 16 analysts rate the stock as a Sell; another 8 rate it as Overweight. Among the rest, 0 recommended HBM as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight. Hudbay Minerals Inc is expected to report earnings per share of 0.15 for the current quarter.
Hudbay Minerals Inc (NYSE:HBM) trade information
Instantly HBM has been showing red trend so far today with a performance of -0.14% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 7.29 on recent trading dayincreased the stock’s daily price by 3.43%. The company’s shares are currently down -13.09% year-to-date, but still up 1.29% over the last five days. On the other hand, Hudbay Minerals Inc (NYSE:HBM) is -14.36% down in the 30-day period. We can see from the shorts that 9.83 million shares have been sold at a short interest cover period of 1.33 day(s).
The consensus price target as assigned by Wall Street analysts is $10.34, which translates to bulls needing to increase their stock price by 31.91% from its current value. Analyst projections state that HBM is forecast to be at a low of $10.34471789 and a high of $10.34471789.
Hudbay Minerals Inc (HBM) estimates and forecasts
The year-over-year growth rate is expected to be 4.60%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 537.36M in revenue for the current quarter. 2 analysts expect Hudbay Minerals Inc to make 524.79M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 524.99M and 425.52M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 2.36%. Forecasts for the next quarter put sales growth at 23.33%.
Hudbay Minerals Inc earnings are expected to increase by 20.97% in 2025, but the outlook is positive 20.11% per year for the next five years.
HBM Dividends
Hudbay Minerals Inc’s next quarterly earnings report is expected to be released on 2025-Feb-18. The annual dividend yield of the stock is 0.20 percent and its annual dividend per share was 0.01. It is important to note, however, that the 0.20% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 0.27 per year.
Hudbay Minerals Inc (NYSE:HBM)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.08% of Hudbay Minerals Inc shares, and 74.79% of them are in the hands of institutional investors. The stock currently has a share float of 74.85%. Hudbay Minerals Inc stock is held by 351.0 institutions, with GMT CAPITAL CORP being the largest institutional investor. By 2024-06-30, it held 10.5211% of the shares, which is about 38.75 million shares worth $479.77 million.
VANGUARD GROUP INC, with 4.2148% or 14.78 million shares worth $133.8 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
GLOBAL X FUNDS-Global X Copper Miners ETF and AIM Sector Funds (Invesco Sector Funds)-INVESCO SMALL CAP VALUE FUND were the top two Mutual Funds as of Mar 31, 2025 . The former held 14.08 shares worth $99.75 million, making up 3.56% of all outstanding shares. On the other hand, AIM Sector Funds (Invesco Sector Funds)-INVESCO SMALL CAP VALUE FUND held roughly 8.85 shares worth around $62.68 million, which represents about 2.24% of the total shares outstanding.
