Hudbay Minerals Inc. (TSE:HBM) Stock Now Rated “Buy” by Sell-Side Analysts

Posted by George Bondi on Sep 29th, 2026

Shares of Hudbay Minerals Inc. (TSE:HBM – Get Free Report) (NYSE:HBM) have received an average rating of “Buy” from the twelve brokerages that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, nine have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is C$41.78.

A number of equities analysts have issued reports on HBM shares. National Bank Financial cut their target price on shares of Hudbay Minerals from C$40.00 to C$38.50 and set a “sector perform” rating for the company in a research report on Tuesday, July 14th. Barclays raised their price objective on shares of Hudbay Minerals from C$41.00 to C$45.00 in a research note on Thursday, July 16th. BMO Capital Markets dropped their price target on Hudbay Minerals from C$46.00 to C$44.00 and set an “outperform” rating for the company in a research report on Thursday, July 30th. Raymond James Financial boosted their price target on Hudbay Minerals from C$41.00 to C$42.00 and gave the stock an “outperform” rating in a report on Friday, September 4th. Finally, Scotiabank reduced their price objective on Hudbay Minerals from C$44.00 to C$43.00 and set a “sector outperform” rating on the stock in a research report on Thursday, July 30th.

Get Our Latest Stock Report on Hudbay Minerals

Hudbay Minerals Stock Performance

TSE HBM opened at C$38.13 on Tuesday. The business has a 50 day moving average price of C$36.90 and a 200 day moving average price of C$34.55. The company has a market capitalization of C$16.94 billion, a P/E ratio of 23.42, a PEG ratio of 3.97 and a beta of 2.31. Hudbay Minerals has a 1-year low of C$20.24 and a 1-year high of C$44.48. The company has a debt-to-equity ratio of 19.04, a current ratio of 2.24 and a quick ratio of 0.85.

Hudbay Minerals (TSE:HBM – Get Free Report) (NYSE:HBM) last posted its earnings results on Wednesday, July 29th. The mining company reported C$0.40 earnings per share for the quarter. The company had revenue of C$896.94 million for the quarter. Hudbay Minerals had a return on equity of 18.41% and a net margin of 27.22%. Sell-side analysts expect that Hudbay Minerals will post 1.1220575 EPS for the current fiscal year.

Hudbay Minerals Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 25th were issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Tuesday, September 8th. Hudbay Minerals’s dividend payout ratio is 1.32%.

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.