(HBM) Hudbay Minerals - Overview

Sector: Basic Materials | Industry: Copper | Exchange: NYSE (USA) | Market Cap: 7.561m USD | Total Return: 186% in 12m

Stock Copper, Zinc, Precious Metals
Total Rating 58
Risk 62
Buy Signal -0.48
Copper -23.6
Diversified Metals & Mining -14.2
Market Cap: 7,561m
Avg Trading Vol: 109M USD
ATR: 6.87%
Peers RS (IBD): 83.3
Risk 5d forecast
Volatility61.3%
Rel. Tail Risk-6.39%
Reward TTM
Sharpe Ratio2.01
Alpha139.77
Character TTM
Beta1.982
Beta Downside2.964
Drawdowns 3y
Max DD41.10%
CAGR/Max DD1.51
EPS (Earnings per Share) EPS (Earnings per Share) of HBM over the last years for every Quarter: "2021-03": -0.06, "2021-06": 0.02, "2021-09": 0.15, "2021-12": 0.13, "2022-03": 0.02, "2022-06": 0.12, "2022-09": -0.05, "2022-12": 0.01, "2023-03": 0.0208, "2023-06": -0.07, "2023-09": 0.07, "2023-12": 0.2, "2024-03": 0.16, "2024-06": -0.045, "2024-09": 0.13, "2024-12": 0.18, "2025-03": 0.24, "2025-06": 0.19, "2025-09": 0.03, "2025-12": 0.22, "2026-03": 0,
EPS CAGR: -21.76%
EPS Trend: 38.5%
Last SUE: -3.09
Qual. Beats: 0
Revenue Revenue of HBM over the last years for every Quarter: 2021-03: 313.624, 2021-06: 404.242, 2021-09: 358.961, 2021-12: 425.17, 2022-03: 378.619, 2022-06: 415.454, 2022-09: 346.171, 2022-12: 321.196, 2023-03: 295.219, 2023-06: 312.166, 2023-09: 480.456, 2023-12: 602.159, 2024-03: 525, 2024-06: 425.5, 2024-09: 485.8, 2024-12: 584.918, 2025-03: 594.9, 2025-06: 536.4, 2025-09: 346.8, 2025-12: 737.058006, 2026-03: null,
Rev. CAGR: 19.44%
Rev. Trend: 61.9%
Last SUE: -0.59
Qual. Beats: 0
Risks
Technicals: volatile
Description: HBM Hudbay Minerals

Hudbay Minerals Inc. (HBM) is a diversified mining company established in 1927 and headquartered in Toronto, Canada. The company operates across North and South America.

HBMs business model involves the exploration, development, operation, and optimization of mining properties. This integrated approach is common in the mining sector to control the entire production lifecycle from resource identification to metal extraction.

The company produces and sells several metal concentrates and doré. These include copper concentrates (containing copper, gold, and silver), silver/gold doré, zinc concentrates (containing zinc and gold), and molybdenum concentrates. Diversified metal production can mitigate risks associated with price fluctuations of a single commodity.

For further in-depth analysis of Hudbay Minerals Inc., consider exploring ValueRays comprehensive data.

Headlines to Watch Out For
  • Copper price fluctuations impact revenue significantly
  • Gold and silver prices influence concentrate sales
  • Zinc market volatility affects profitability
  • Operating costs for mines dictate margins
  • Regulatory changes in mining jurisdictions pose risks
Piotroski VR‑10 (Strict, 0-10) 6.5
Net Income: 570.5m TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA -2.39 > 1.0
NWC/Revenue: -2.96% < 20% (prev 25.30%; Δ -28.25% < -1%)
CFO/TA 0.11 > 3% & CFO 686.0m > Net Income 570.5m
Net Debt (523.8m) to EBITDA (1.44b): 0.36 < 3
Current Ratio: 0.95 > 1.5 & < 3
Outstanding Shares: last quarter (400.0m) vs 12m ago 1.52% < -2%
Gross Margin: 32.46% > 18% (prev 0.33%; Δ 3.21k% > 0.5%)
Asset Turnover: 37.87% > 50% (prev 36.83%; Δ 1.03% > 0%)
Interest Coverage Ratio: 13.44 > 6 (EBITDA TTM 1.44b / Interest Expense TTM 74.1m)
Altman Z'' 2.45
A: -0.01 (Total Current Assets 1.16b - Total Current Liabilities 1.23b) / Total Assets 6.21b
B: 0.07 (Retained Earnings 459.7m / Total Assets 6.21b)
C: 0.17 (EBIT TTM 996.2m / Avg Total Assets 5.85b)
D: 1.08 (Book Value of Equity 3.23b / Total Liabilities 2.99b)
Altman-Z'' Score: 2.45 = A
Beneish M -2.42
DSRI: 1.46 (Receivables 378.3m/236.6m, Revenue 2.22b/2.02b)
GMI: 1.03 (GM 32.46% / 33.45%)
AQI: 1.25 (AQ_t 0.06 / AQ_t-1 0.05)
SGI: 1.10 (Revenue 2.22b / 2.02b)
TATA: -0.02 (NI 570.5m - CFO 686.0m) / TA 6.21b)
Beneish M-Score: -2.42 (Cap -4..+1) = BBB
What is the price of HBM shares? As of April 02, 2026, the stock is trading at USD 20.90 with a total of 6,477,909 shares traded.
Over the past week, the price has changed by +9.89%, over one month by -17.70%, over three months by +9.49% and over the past year by +185.98%.
Is HBM a buy, sell or hold? Hudbay Minerals has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy HBM.
  • StrongBuy: 8
  • Buy: 8
  • Hold: 0
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the HBM price?
ISSUER TARGET UP/DOWN
Wallstreet Target Price 32.5 55.6%
Analysts Target Price 32.5 55.6%
HBM Fundamental Data Overview as of 01 April 2026
P/E Trailing = 13.5106
P/E Forward = 11.0132
P/S = 3.4195
P/B = 2.34
P/EG = 2.09
Revenue TTM = 2.22b USD
EBIT TTM = 996.2m USD
EBITDA TTM = 1.44b USD
Long Term Debt = 536.5m USD (from longTermDebt, last quarter)
Short Term Debt = 497.9m USD (from shortTermDebt, last quarter)
Debt = 1.09b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 523.8m USD (from netDebt column, last quarter)
Enterprise Value = 8.08b USD (7.56b + Debt 1.09b - CCE 568.1m)
Interest Coverage Ratio = 13.44 (Ebit TTM 996.2m / Interest Expense TTM 74.1m)
EV/FCF = 37.67x (Enterprise Value 8.08b / FCF TTM 214.6m)
FCF Yield = 2.65% (FCF TTM 214.6m / Enterprise Value 8.08b)
FCF Margin = 9.69% (FCF TTM 214.6m / Revenue TTM 2.22b)
Net Margin = 25.75% (Net Income TTM 570.5m / Revenue TTM 2.22b)
Gross Margin = 32.46% ((Revenue TTM 2.22b - Cost of Revenue TTM 1.50b) / Revenue TTM)
Gross Margin QoQ = 33.37% (prev 18.83%)
Tobins Q-Ratio = 1.30 (Enterprise Value 8.08b / Total Assets 6.21b)
Interest Expense / Debt = 1.60% (Interest Expense 17.5m / Debt 1.09b)
Taxrate = 49.45% (129.1m / 261.1m)
NOPAT = 503.5m (EBIT 996.2m * (1 - 49.45%))
Current Ratio = 0.95 (Total Current Assets 1.16b / Total Current Liabilities 1.23b)
Debt / Equity = 0.34 (Debt 1.09b / totalStockholderEquity, last quarter 3.23b)
Debt / EBITDA = 0.36 (Net Debt 523.8m / EBITDA 1.44b)
Debt / FCF = 2.44 (Net Debt 523.8m / FCF TTM 214.6m)
Total Stockholder Equity = 2.96b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.75% (Net Income 570.5m / Total Assets 6.21b)
RoE = 19.30% (Net Income TTM 570.5m / Total Stockholder Equity 2.96b)
RoCE = 28.53% (EBIT 996.2m / Capital Employed (Equity 2.96b + L.T.Debt 536.5m))
RoIC = 12.55% (NOPAT 503.5m / Invested Capital 4.01b)
WACC = 11.42% (E(7.56b)/V(8.65b) * Re(12.95%) + D(1.09b)/V(8.65b) * Rd(1.60%) * (1-Tc(0.49)))
Discount Rate = 12.95% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 7.04%
[DCF] Terminal Value 68.03% ; FCFF base≈257.1m ; Y1≈271.9m ; Y5≈322.9m
[DCF] Fair Price = 7.20 (EV 3.38b - Net Debt 523.8m = Equity 2.86b / Shares 396.9m; r=11.42% [WACC]; 5y FCF grow 6.36% → 3.0% )
EPS Correlation: 38.53 | EPS CAGR: -21.76% | SUE: -3.09 | # QB: 0
Revenue Correlation: 61.88 | Revenue CAGR: 19.44% | SUE: -0.59 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.42 | Chg7d=-0.009 | Chg30d=+0.001 | Revisions Net=-1 | Analysts=8
EPS current Year (2026-12-31): EPS=1.76 | Chg7d=+0.080 | Chg30d=+0.131 | Revisions Net=+1 | Growth EPS=+162.8% | Growth Revenue=+30.3%
EPS next Year (2027-12-31): EPS=2.06 | Chg7d=+0.035 | Chg30d=+0.099 | Revisions Net=-3 | Growth EPS=+17.1% | Growth Revenue=+13.8%
[Analyst] Revisions Ratio: -0.33 (1 Up / 2 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 5.5% (Discount Rate 13.0% - Earnings Yield 7.4%)
[Growth] Growth Spread = +17.4% (Analyst 22.9% - Implied 5.5%)
Additional Sources for HBM Stock Fund Manager Positions: Dataroma · Stockcircle