Hudbay Minerals (TSE:HBM) Announces Earnings Results

Hudbay Minerals (TSE:HBM) (NYSE:HBM) released its quarterly earnings data on Wednesday. The mining company reported C$0.40 earnings per share (EPS) for the quarter, FiscalAI reports. Hudbay Minerals had a net margin of 27.22% and a return on equity of 18.41%. The company had revenue of C$896.94 million during the quarter.

Hudbay Minerals Trading Up 3.0%

HBM opened at C$31.84 on Friday. The firm has a market capitalization of C$14.14 billion, a P/E ratio of 19.07, a P/E/G ratio of 3.97 and a beta of 2.36. The firm’s 50 day moving average is C$34.76 and its 200-day moving average is C$33.44. Hudbay Minerals has a 52-week low of C$12.44 and a 52-week high of C$44.48. The company has a quick ratio of 0.85, a current ratio of 2.24 and a debt-to-equity ratio of 19.04.

Hudbay Minerals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 26th were paid a dividend of $0.01 per share. The ex-dividend date was Tuesday, June 9th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.1%. Hudbay Minerals’s dividend payout ratio (DPR) is currently 0.87%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Stifel Nicolaus raised their target price on shares of Hudbay Minerals from C$41.00 to C$43.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Jefferies Financial Group decreased their price target on shares of Hudbay Minerals from C$57.00 to C$50.00 in a research report on Monday, July 6th. BMO Capital Markets lowered their price target on Hudbay Minerals from C$46.00 to C$44.00 and set an “outperform” rating for the company in a report on Thursday. Canaccord Genuity Group lowered their price target on Hudbay Minerals from C$40.00 to C$39.50 and set a “buy” rating for the company in a report on Thursday. Finally, Scotiabank cut 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. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$40.91.

Key Stories Impacting Hudbay Minerals

Here are the key news stories impacting Hudbay Minerals this week:

• Positive Sentiment: Strong quarterly performance: Hudbay reported second-quarter earnings of C$0.40 per share on C$896.94 million in revenue, with a 27.86% net margin and 20.70% return on equity. Management also highlighted record trailing-12-month adjusted EBITDA of US$1.3 billion and improved cash-cost guidance, supporting the company’s profitability and operating outlook. Hudbay Delivers Strong Second Quarter 2026 Results and Improves Cash Cost Guidance
• Positive Sentiment: Analysts remain constructive: Scotiabank maintained a “sector outperform” rating with a C$43.00 target, BMO Capital Markets maintained “outperform” at C$44.00, Canaccord Genuity retained a “buy” rating at C$39.50, and ATB Cormark kept an “outperform” rating at C$35.00. These targets imply approximately 10.9% to 39.4% upside from the reported C$31.57 reference price. Analyst Ratings
• Neutral Sentiment: Price-target revisions: All four firms lowered their targets—by C$1.00 to C$2.00—despite retaining positive ratings. The revisions suggest analysts see continued upside but have modestly reduced their valuation assumptions.

Hudbay Minerals Company Profile

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.