HudBay Minerals Inc (NYSE:HBM) Receives Average Rating of “Moderate Buy” from Brokerages

Posted by George Bondi on Jul 23rd, 2026

HudBay Minerals Inc (NYSE:HBM – Get Free Report) (TSE:HBM) has been assigned an average rating of “Moderate Buy” from the thirteen ratings firms that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $31.3333.

Several equities analysts recently weighed in on HBM shares. Weiss Ratings upgraded HudBay Minerals from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, June 29th. Citigroup reiterated a “positive” rating on shares of HudBay Minerals in a research report on Wednesday, July 15th. Barclays raised their price objective on HudBay Minerals from $30.00 to $32.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Wall Street Zen upgraded HudBay Minerals from a “hold” rating to a “buy” rating in a research report on Monday. Finally, Bank of America cut their price objective on HudBay Minerals from $33.50 to $29.50 and set a “buy” rating for the company in a research report on Thursday, July 9th.

Get Our Latest Research Report on HBM

Hedge Funds Weigh In On HudBay Minerals

A number of large investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp grew its position in shares of HudBay Minerals by 131.6% in the first quarter. Jones Financial Companies Lllp now owns 6,570 shares of the mining company’s stock valued at $50,000 after purchasing an additional 3,733 shares during the period. Goldman Sachs Group Inc. raised its position in shares of HudBay Minerals by 144.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 7,281,095 shares of the mining company’s stock worth $55,264,000 after purchasing an additional 4,299,428 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in HudBay Minerals by 6.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 439,687 shares of the mining company’s stock valued at $3,337,000 after buying an additional 27,944 shares in the last quarter. Geode Capital Management LLC lifted its stake in HudBay Minerals by 7.4% in the 2nd quarter. Geode Capital Management LLC now owns 221,685 shares of the mining company’s stock valued at $2,363,000 after buying an additional 15,235 shares in the last quarter. Finally, Creative Planning lifted its stake in HudBay Minerals by 5.4% in the 2nd quarter. Creative Planning now owns 25,067 shares of the mining company’s stock valued at $266,000 after buying an additional 1,289 shares in the last quarter. 57.82% of the stock is currently owned by institutional investors and hedge funds.

HudBay Minerals Stock Up 2.3%

HBM stock opened at $23.54 on Thursday. The firm has a market cap of $10.45 billion, a PE ratio of 14.18, a P/E/G ratio of 0.34 and a beta of 1.48. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.20 and a current ratio of 1.36. The firm’s fifty day moving average is $25.00 and its 200 day moving average is $24.09. HudBay Minerals has a one year low of $8.93 and a one year high of $32.15.

HudBay Minerals (NYSE:HBM – Get Free Report) (TSE:HBM) last issued its quarterly earnings data on Friday, May 1st. The mining company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.06. HudBay Minerals had a net margin of 27.75% and a return on equity of 10.04%. The business had revenue of $757.30 million during the quarter, compared to the consensus estimate of $684.73 million. During the same quarter in the prior year, the firm posted $0.24 earnings per share. The company’s revenue was up 27.3% compared to the same quarter last year. On average, research analysts forecast that HudBay Minerals will post 1.61 EPS for the current year.

HudBay Minerals Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Tuesday, June 9th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, June 9th. HudBay Minerals’s payout ratio is presently 1.81%.

About HudBay Minerals

(Get Free Report)

HudBay Minerals Inc is a Canada-based mining company engaged in the exploration, development and production of base and precious metals. Its primary products include copper, zinc, gold and silver concentrates, which are sold to smelters and refiners worldwide. The company’s operations span multiple stages of the mining cycle, from resource definition and feasibility studies to mine construction, extraction and reclamation.

The company traces its roots back to 1927, when it was established as Hudson Bay Mining & Smelting Co Limited.