Hudbay Minerals Inc

Hudbay Minerals Inc (HBM) Stock Analysis

$29.290

-1.031 (-3.52%)At close

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High
30.570
Open
30.570
VWAP
29.60
Vol
4.97M
Mkt Cap
3.54B
Low
28.935
Amount
147.14M
EV/EBITDA, TTM
8.49

Hudbay Minerals Inc. is a copper-focused critical minerals company with three operations and a pipeline of copper growth projects in tier-one mining jurisdictions of Canada, Peru and the United States. Its operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Its growth pipeline includes the Copper World project in Arizona (United States), the Cactus project in Arizona (United States), the Mason project in Nevada (United States), the Llaguen project in La Libertad (Peru) and several expansion and exploration opportunities near its existing operations. The Copper Mountain Mine, located south of Princeton, British Columbia, is a conventional open pit, truck and shovel operation. The Constancia mine is in the province of Chumbivilcas in southern Peru. Its primary production is copper, complemented by gold production and by-products, such as zinc, silver, and molybdenum.

AI analysis of Hudbay Minerals Inc (HBM)

buy

Hudbay Minerals Inc is a good buy right now due to its strong financial performance, including a gross margin of 48.59% in Q1 2026 and a year-to-date price increase of 45.72%. The stock is currently priced at $29.29, which is below the analyst price target of $43, indicating significant upside potential. However, investors should be cautious of the recent earnings miss, where the reported EPS was $0.28 against an estimate of $0.30, reflecting potential volatility ahead.

Analyst Ratings (6)

-29.57% downside
Buy
6 Buy
0 Hold
0 Sell
Current: 29.29
Low
17.24
Average
20.63
High
24.79

Scotiabank

2026-07-30

Price Target

$43

Outperform

Stifel

2026-07-21

Price Target

$43

Buy

Barclays

2026-07-15

Price Target

$32

Overweight

BofA

2026-07-09

Price Target

Buy

Jefferies

2026-07-06

Price Target

Buy

Valuation Metrics

The current forward P/E ratio for Hudbay Minerals Inc (HBM) is 19.88, compared to its 5-year average forward P/E of 15.15.

Forward P/E

Fair
5Y Average P/E
15.15
Current P/E
19.88
Overvalued
26.27
Undervalued
4.03

Forward EV/EBITDA

Strongly Overvalued
5Y Average EV/EBITDA
4.25
Current EV/EBITDA
8.49
Overvalued
5.32
Undervalued
3.17

Forward P/S

Strongly Overvalued
5Y Average P/S
1.46
Current P/S
3.85
Overvalued
2.24
Undervalued
0.69

Alphio AI Price Scenarios for HBM

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%HBM

$21.04

Scenario price

B

Base

Base · 50%HBM

$17.34

Scenario price

B

Bear

Bear · 25%HBM

$17.09

Scenario price

Whales holding HBM

B

Baker Steel Capital Managers LLP

+ HoldingHBM

+7.33%

3M Return

P

Picton Mahoney Asset Management

+ HoldingHBM

+5.79%

3M Return

G

Glazer Capital, LLC

+ HoldingHBM

+1.06%

3M Return

G

Global X Management (Aus) Limited

+ HoldingHBM

-0.38%

3M Return

G

GMT Capital Corp.

+ HoldingHBM

-2.06%

3M Return

Events Timeline

2026-07-29 (ET)

06:30:00

2026 Consolidated Cash Cost Guidance Adjusted to $(0.45) to $(0.25) per Pound of Copper

06:30:00

Hudbay Reports Q2 Revenue of $631.3M, Record Adjusted EBITDA

2026-07-02 (ET)

08:30:00

Hudbay Minerals Approved to Increase Constancia Annual Processing Capacity to 34M Tons

2026-06-18 (ET)

08:30:00

Hudbay Minerals Celebrates Groundbreaking of New Ingerbelle Project at Copper Mountain

2026-05-28 (ET)

07:10:00

Hudbay Minerals Initiates Normal Course Issuer Bid

News

HBM FAQ — answered by Alphio AI

Hudbay Minerals Inc. is a copper-focused critical minerals company with three operations and a pipeline of copper growth projects in tier-one mining jurisdictions of Canada, Peru and the United States. Its operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Its growth pipeline includes the Copper World project in Arizona (United States), the Cactus project in Arizona (United States), the Mason project in Nevada (United States), the Llaguen project in La Libertad (Peru) and several expansion and exploration opportunities near its existing operations. The Copper Mountain Mine, located south of Princeton, British Columbia, is a conventional open pit, truck and shovel operation. The Constancia mine is in the province of Chumbivilcas in southern Peru. Its primary production is copper, complemented by gold production and by-products, such as zinc, silver, and molybdenum. It operates in the Basic Materials sector.

Hudbay Minerals Inc is a good buy right now due to its strong financial performance, including a gross margin of 48.59% in Q1 2026 and a year-to-date price increase of 45.72%. The stock is currently priced at $29.29, which is below the analyst price target of $43, indicating significant upside potential. However, investors should be cautious of the recent earnings miss, where the reported EPS was $0.28 against an estimate of $0.30, reflecting potential volatility ahead.

6 analysts cover HBM: 6 rate it Buy, 0 Hold and 0 Sell. The average price target is 20.63.

Esta página es solo para investigación y no constituye asesoramiento de inversión. Los modelos pueden equivocarse. El rendimiento pasado no garantiza resultados futuros.

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