Hudbay Minerals (TSE:HBM) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Posted by Brenda Bartman on Jun 5th, 2026

Shares of Hudbay Minerals Inc. (TSE:HBM – Get Free Report) (NYSE:HBM) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$31.12 and traded as high as C$42.20. Hudbay Minerals shares last traded at C$41.91, with a volume of 1,551,916 shares.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. ATB Cormark Capital Markets upped their target price on shares of Hudbay Minerals from C$26.00 to C$37.50 and gave the stock an “outperform” rating in a research report on Monday, February 23rd. Citigroup upped their target price on shares of Hudbay Minerals from C$23.00 to C$32.50 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Scotiabank reduced their target price on shares of Hudbay Minerals from C$37.00 to C$35.50 and set an “outperform” rating on the stock in a research report on Monday, February 23rd. Barclays set a C$41.00 target price on shares of Hudbay Minerals and gave the stock an “overweight” rating in a research report on Friday, May 22nd. Finally, Royal Bank Of Canada upped their target price on shares of Hudbay Minerals from C$28.00 to C$40.00 in a research report on Thursday, March 12th. Three research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Hudbay Minerals currently has a consensus rating of “Buy” and a consensus price target of C$39.22.

View Our Latest Analysis on Hudbay Minerals

Hudbay Minerals Price Performance

The company has a debt-to-equity ratio of 30.14, a current ratio of 1.36 and a quick ratio of 0.85. The stock has a market cap of C$16.65 billion, a P/E ratio of 25.10, a P/E/G ratio of 3.97 and a beta of 2.34. The company’s 50 day simple moving average is C$33.88 and its 200 day simple moving average is C$31.12.

Hudbay Minerals (TSE:HBM – Get Free Report) (NYSE:HBM) last issued its earnings results on Friday, May 1st. The mining company reported C$0.56 EPS for the quarter. Hudbay Minerals had a net margin of 27.86% and a return on equity of 20.70%. The firm had revenue of C$1.05 billion during the quarter. As a group, equities analysts forecast that Hudbay Minerals Inc. will post 1.1220575 earnings per share for the current year.

Hudbay Minerals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 26th will be given a dividend of $0.01 per share. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a $0.04 annualized dividend and a dividend yield of 0.1%. Hudbay Minerals’s dividend payout ratio is currently 0.87%.

Insider Activity

In related news, insider Eugene Chi-Yen Lei acquired 1,000 shares of the stock in a transaction dated Friday, March 27th. The stock was bought at an average price of C$26.85 per share, with a total value of C$26,850.00. Following the completion of the transaction, the insider directly owned 195,847 shares of the company’s stock, valued at approximately C$5,258,491.95. The trade was a 0.51% increase in their ownership of the stock. 0.07% of the stock is owned by corporate insiders.

About Hudbay Minerals

(Get Free Report)

Hudbay (TSX, NYSE: HBM) is a copper-focused critical minerals mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining jurisdictions of Canada, Peru and the United States. Hudbay’s 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). Copper is the primary metal produced by the Company, which is complemented by meaningful gold production and by-product zinc, silver and molybdenum.