Hudbay Minerals (HBM) Expected to Announce Earnings on Monday

by · The Markets Daily

Hudbay Minerals (NYSE:HBM – Get Free Report) (TSE:HBM) will likely be announcing its Q1 2025 earnings results before the market opens on Monday, May 12th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $537.36 million for the quarter.

Hudbay Minerals (NYSE:HBM – Get Free Report) (TSE:HBM) last issued its earnings results on Wednesday, February 19th. The mining company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.02). The firm had revenue of $584.90 million during the quarter, compared to analysts’ expectations of $588.28 million. Hudbay Minerals had a return on equity of 7.29% and a net margin of 3.80%. The firm’s quarterly revenue was down 2.9% on a year-over-year basis. During the same period last year, the firm posted $0.20 earnings per share. On average, analysts expect Hudbay Minerals to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hudbay Minerals Trading Up 2.6 %

Shares of NYSE HBM opened at $7.47 on Monday. The firm’s 50 day moving average price is $7.30 and its 200-day moving average price is $8.23. Hudbay Minerals has a 52-week low of $5.95 and a 52-week high of $10.49. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.47 and a current ratio of 1.86. The company has a market cap of $2.95 billion, a PE ratio of 41.50 and a beta of 1.62.

Hudbay Minerals Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 4th were given a $0.007 dividend. The ex-dividend date was Tuesday, March 4th. This is a boost from Hudbay Minerals’s previous semi-annual dividend of $0.01. This represents a yield of 0.2%. Hudbay Minerals’s dividend payout ratio is 5.56%.

Analyst Ratings Changes

HBM has been the subject of several recent analyst reports. Desjardins started coverage on Hudbay Minerals in a research note on Friday, April 4th. They issued a “buy” rating for the company. Stifel Canada upgraded Hudbay Minerals to a “strong-buy” rating in a report on Wednesday, March 19th. BMO Capital Markets began coverage on shares of Hudbay Minerals in a research note on Wednesday, April 16th. They set an “outperform” rating on the stock. Finally, StockNews.com upgraded shares of Hudbay Minerals from a “hold” rating to a “buy” rating in a research note on Friday, February 7th. Four research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $14.00.

Check Out Our Latest Report on HBM

About Hudbay Minerals

(Get Free Report)

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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