Hudbay Minerals Inc. (HBM)

NYSE: HBM · IEX Real-Time Price · USD
7.79
-0.09 (-1.14%)
Apr 19, 2024, 4:00 PM EDT - Market closed
-1.14%
Market Cap 2.73B
Revenue (ttm) 1.69B
Net Income (ttm) 66.37M
Shares Out 351.03M
EPS (ttm) 0.22
PE Ratio 35.41
Forward PE 18.34
Dividend $0.01 (0.19%)
Ex-Dividend Date Mar 4, 2024
Volume 3,300,606
Open 7.88
Previous Close 7.88
Day's Range 7.73 - 7.97
52-Week Range 3.94 - 8.11
Beta 2.02
Analysts Strong Buy
Price Target 9.58 (+22.98%)
Earnings Date May 6, 2024

About HBM

Hudbay Minerals Inc., a diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America. It produces copper concentrates containing gold, silver, and molybdenum; gold concentrates containing zinc; zinc concentrates; molybdenum concentrates; and silver/gold doré. The company's flagship project is the 100% owned Constancia mine located in the Province of Chumbivilcas in southern Peru. Hudbay Minerals Inc. was founded in 1927 and is based in Toronto, Canada. [Read more]

Industry Copper
Sector Materials
Founded 1927
Employees 2,241
Stock Exchange NYSE
Ticker Symbol HBM
Full Company Profile

Financial Performance

In 2023, HBM's revenue was $1.69 billion, an increase of 15.64% compared to the previous year's $1.46 billion. Earnings were $66.37 million, a decrease of -5.70%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for HBM stock is "Strong Buy." The 12-month stock price forecast is $9.58, which is an increase of 22.98% from the latest price.

Price Target
$9.58
(22.98% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Hudbay Provides Annual Reserve and Resource Update and Production Outlook

TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) today released its annual mineral reserve and resource update and issued new three-year p...

23 days ago - GlobeNewsWire

Hudbay and Marubeni Sign Flin Flon Option Agreement to Advance Exploration Partnership

TORONTO, March 13, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) is pleased to announce the signing of an option agreement (the “Agreement”) with Marubeni...

5 weeks ago - GlobeNewsWire

Hudbay Delivers Record Fourth Quarter and Full Year 2023 Results and Provides Annual Guidance

TORONTO, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today released its fourth quarter and full year 2023 financial results, and announced 2024 ...

2 months ago - GlobeNewsWire

Hudbay to Host Conference Call for Fourth Quarter 2023 Results

TORONTO, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) senior management will host a conference call on Friday, February 23, 2024 at 11:00 a.m. E...

2 months ago - GlobeNewsWire

Hudbay Releases Copper Mountain Technical Report and Advances Mine Stabilization Plans

TORONTO, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) today announced that it has completed a National Instrument 43-101 technical report in res...

4 months ago - GlobeNewsWire

Hudbay Further Enhances Financial Flexibility with Redemption of Remaining Copper Mountain Bonds

TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) today announced that its wholly owned subsidiary, Copper Mountain Mining ULC (“Copper Mountain”), has exerci...

5 months ago - GlobeNewsWire

Hudbay Announces Third Quarter 2023 Results

TORONTO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today released its third quarter 2023 financial results. All amounts are in U.S. dollars, un...

5 months ago - GlobeNewsWire

Hudbay to Host Conference Call for Third Quarter 2023 Results

TORONTO, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) senior management will host a conference call on Thursday, November 9, 2023 at 9:00 a.m. E...

6 months ago - GlobeNewsWire

Hudbay Completes Rockcliff Acquisition; Further Consolidates Snow Lake Operations and Adds to Prospective Land Package

TORONTO, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) is pleased to announce that it has completed its acquisition of Rockcliff Metals Corp. (“Rockcliff”). Hudba...

7 months ago - GlobeNewsWire

Hudbay De-risks Copper World Phase I with Enhanced Pre-Feasibility Study

TORONTO, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) today announced the results of the enhanced pre-feasibility study (“PFS”) for Phase I of ...

8 months ago - GlobeNewsWire

Hudbay Announces Second Quarter 2023 Results

TORONTO, Aug. 08, 2023 (GLOBE NEWSWIRE) --  Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today released its second quarter 2023 financial results. All amounts are in U.S. dollars, ...

9 months ago - GlobeNewsWire

Hudbay Announces Potential for Mine Life Extension in Snow Lake with the Discovery of New Mineralized Zones Near Lalor and Significant Regional Land Consolidation

TORONTO, Ontario, July 27, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) releases positive results from the company's 2023 winter drill program near its L...

9 months ago - GlobeNewsWire

Hudbay to Host Conference Call for Second Quarter 2023 Results

TORONTO, July 14, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) senior management will host a conference call on Wednesday, August 9, 2023 at 8:30 a.m. ET...

10 months ago - GlobeNewsWire

Hudbay and Marubeni Establish Framework for Flin Flon Exploration Partnership

TORONTO, July 06, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) announces the signing of a memorandum of understanding (“MOU”) with Marubeni Corporation (...

10 months ago - GlobeNewsWire

Hudbay Completes Acquisition of Copper Mountain to Create a Premier Americas-Focused Copper Producer

TORONTO, June 20, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) is pleased to announce that it has closed its previously announced court-approved plan of arrangement with C...

10 months ago - GlobeNewsWire

Olive Announces Expected Material Increase to Its Portfolio Value and Liquidity - Hudbay Minerals to Acquire Rockcliff Metals

Toronto, Ontario--(Newsfile Corp. - June 19, 2023) - Olive Resource Capital Inc. (TSXV: OC) ("Olive" or the "Company") is pleased to announce that Rockcliff Metals Corporation (CSE: RCLF) ("Rockcliff"...

10 months ago - Newsfile Corp

Hudbay to Acquire Rockcliff to Consolidate the Snow Lake Camp

TORONTO, June 19, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay”) ( TSX, NYSE: HBM) and Rockcliff Metals Corp. (“Rockcliff”) (CSE: RCLF , OTCQB: RKCLF) are pleased to announce that they have ...

10 months ago - GlobeNewsWire

The Supreme Court of British Columbia has approved Hudbay's Plan of Arrangement with Copper Mountain

TORONTO , June 15, 2023 /PRNewswire/ - Hudbay Minerals Inc. ("Hudbay") (TSX: HBM) (NYSE: HBM) and Copper Mountain Mining Corporation ("Copper Mountain") (TSX: CMMC) (ASX: C6C) are pleased to announce ...

11 months ago - PRNewsWire

Hudbay Plan of Arrangement with Copper Mountain Overwhelmingly Supported by Shareholders at Special Meetings

TORONTO , June 13, 2023 /PRNewswire/ - Hudbay Minerals Inc. ("Hudbay") (TSX: HBM), (NYSE: HBM) and Copper Mountain Mining Corporation ("Copper Mountain") (TSX: CMMC) (ASX: C6C) are pleased to announce...

11 months ago - PRNewsWire

Hudbay Announces Release of its 20th Annual Sustainability Report and Launches Company Purpose Statement

TORONTO, June 12, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) today announced the release of its Annual Sustainability Report which provides transparenc...

11 months ago - GlobeNewsWire

Independent Proxy Advisory Firms, ISS and Glass Lewis, Support Hudbay's Plan of Arrangement with Copper Mountain and Recommend Shareholders Vote "FOR"

The transaction makes "strategic sense" as it increases scale, diversification and could result in a valuation re-rating Have questions or need help voting? Contact Kingsdale Advisors:  Hudbay Shareho...

11 months ago - PRNewsWire

Independent Proxy Advisory Firms, ISS and Glass Lewis, Support Hudbay's Plan of Arrangement with Copper Mountain and Recommend Shareholders Vote “FOR”

TORONTO, June 02, 2023 (GLOBE NEWSWIRE) --  Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) and Copper Mountain Mining Corporation (“Copper Mountain”) (TSX: CMMC) (ASX: C6C) are plea...

11 months ago - GlobeNewsWire

Hudbay and Copper Mountain Announce Filing of Joint Management Information Circular in Connection with Proposed Combination and Support from Largest Shareholders

TORONTO , May 18, 2023 /PRNewswire/ - Hudbay Minerals Inc. ("Hudbay") (TSX: HBM) (NYSE: HBM) and Copper Mountain Mining Corporation ("Copper Mountain") (TSX: CMMC) (ASX: C6C) are pleased to announce t...

1 year ago - PRNewsWire

Hudbay Announces Election of Directors

TORONTO, May 10, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) today announced that each of the ten individuals nominated for election as a director of Hu...

1 year ago - GlobeNewsWire

Hudbay Announces First Quarter 2023 Results

TORONTO, May 08, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today released its first quarter 2023 financial results. All amounts are in U.S. dollars, unl...

1 year ago - GlobeNewsWire