HudBay Minerals Inc (NYSE:HBM) Receives $31.33 Consensus Price Target from Brokerages

Posted by Brenda Bartman on Aug 24th, 2026

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

A number of research firms have issued reports on HBM. Weiss Ratings downgraded shares of HudBay Minerals from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, August 13th. Scotiabank reiterated an “outperform” rating on shares of HudBay Minerals in a research report on Thursday, July 30th. Barclays boosted their price target on shares of HudBay Minerals from $30.00 to $32.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Jefferies Financial Group restated a “buy” rating on shares of HudBay Minerals in a report on Monday, July 6th. Finally, Citigroup reaffirmed a “positive” rating on shares of HudBay Minerals in a research note on Wednesday, July 15th.

View Our Latest Stock Report on HBM

Institutional Investors Weigh In On HudBay Minerals

Several hedge funds have recently bought and sold shares of the company. Rakuten Securities Inc. bought a new stake in shares of HudBay Minerals in the second quarter worth about $28,000. Allworth Financial LP raised its holdings in HudBay Minerals by 107.9% during the 3rd quarter. Allworth Financial LP now owns 1,990 shares of the mining company’s stock worth $30,000 after buying an additional 1,033 shares during the period. Fiduciary Financial Advisors bought a new position in HudBay Minerals in the second quarter valued at approximately $32,000. EFG International AG bought a new position in HudBay Minerals in the second quarter valued at approximately $38,000. Finally, Quarry LP acquired a new position in shares of HudBay Minerals in the third quarter valued at approximately $38,000. 57.82% of the stock is currently owned by institutional investors and hedge funds.

HudBay Minerals Trading Up 0.1%

HBM stock opened at $30.08 on Monday. The company has a market cap of $13.36 billion, a P/E ratio of 17.69, a PEG ratio of 0.46 and a beta of 1.48. HudBay Minerals has a twelve month low of $11.21 and a twelve month high of $32.15. The company has a quick ratio of 1.93, a current ratio of 2.24 and a debt-to-equity ratio of 0.17. The business has a fifty day moving average of $24.45 and a 200-day moving average of $24.42.

HudBay Minerals (NYSE:HBM – Get Free Report) (TSE:HBM) last posted its quarterly earnings results on Wednesday, July 29th. The mining company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.02. The business had revenue of $631.30 million for the quarter, compared to analysts’ expectations of $632.43 million. HudBay Minerals had a return on equity of 9.47% and a net margin of 27.48%.The firm’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.19 earnings per share. As a group, equities research analysts expect that HudBay Minerals will post 1.58 EPS for the current year.

HudBay Minerals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 8th will be paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Tuesday, September 8th. HudBay Minerals’s dividend payout ratio is presently 1.76%.

HudBay Minerals Company Profile

(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.