Hudbay Minerals (TSE:HBM) Sets New 52-Week High – What’s Next?

Posted by Geri Gentry on May 13th, 2026

Shares of Hudbay Minerals Inc. (TSE:HBM – Get Free Report) (NYSE:HBM) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$38.91 and last traded at C$38.40, with a volume of 1150969 shares changing hands. The stock had previously closed at C$37.19.

Analyst Ratings Changes

A number of analysts have weighed in on HBM shares. BMO Capital Markets increased their target price on shares of Hudbay Minerals from C$33.00 to C$39.00 in a report on Wednesday, April 22nd. Citigroup boosted their price objective on shares of Hudbay Minerals from C$23.00 to C$32.50 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Scotiabank dropped their price objective on shares of Hudbay Minerals from C$37.00 to C$35.50 and set an “outperform” rating on the stock in a research note on Monday, February 23rd. ATB Cormark Capital Markets raised 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 report on Monday, February 23rd. Finally, Raymond James Financial lifted their target price on Hudbay Minerals from C$34.00 to C$36.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of C$39.10.

Check Out Our Latest Stock Report on HBM

Hudbay Minerals Stock Up 2.4%

The firm’s 50-day moving average price is C$31.20 and its 200 day moving average price is C$29.31. The firm has a market cap of C$15.12 billion, a P/E ratio of 22.80, a price-to-earnings-growth ratio of 3.97 and a beta of 2.34. The company has a quick ratio of 0.85, a current ratio of 1.36 and a debt-to-equity ratio of 30.14.

Hudbay Minerals (TSE:HBM – Get Free Report) (NYSE:HBM) last posted 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, research analysts expect that Hudbay Minerals Inc. will post 1.1220575 earnings per share for the current year.

Hudbay Minerals Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 27th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a yield of 3.0%. Hudbay Minerals’s payout ratio is presently 0.87%.

Insider Transactions at Hudbay Minerals

In other Hudbay Minerals news, insider Eugene Chi-Yen Lei purchased 1,000 shares of the firm’s 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 purchase, the insider owned 195,847 shares in the company, valued at C$5,258,491.95. This trade represents a 0.51% increase in their position. Company insiders own 0.07% of the company’s stock.

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.