HBM Stock Analysis: Hudbay Minerals | NYSE
Copper | NYSE, USA | Market Cap: 10.104m USD | 12M Return: 194.7% | CA4436281022 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 102M
EPS Trend: 80.5%
Qual. Beats: 0
Rev. Trend: 88.8%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Hudbay Minerals Inc. is a diversified mining company that explores for, develops, operates, and optimizes mineral properties across North and South America. Its primary commodity focus includes copper, gold, zinc, molybdenum, and silver, often produced as concentrates. The company holds a 100% interest in the Copper Mountain mine, located approximately 20 kilometers south of Princeton, British Columbia, in the Similkameen Valley. Founded in 1927 and headquartered in Toronto, Canada, Hudbay trades on the NYSE under the ticker HBM and is classified within the Materials sector under the Diversified Metals & Mining sub-industry.
As a diversified miner, Hudbays revenue is tied to multiple base and precious metals, which can provide some natural hedging against single-commodity price volatility. Copper concentrates - a refined product further processed by smelters - are particularly relevant given coppers role in electrification, grid infrastructure, and renewable energy applications, supporting long-term demand fundamentals for producers operating in stable jurisdictions like Canada.
- Copper price swings dominate revenue and cash flow
- Constancia Peru mine faces political and community disruption risk
- Copper Mountain mill expansion lifts throughput and cuts costs
| Net Income: 674.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -3.37 > 1.0 |
| NWC/Revenue: 30.18% < 20% (prev 1.22%; Δ 28.96% < -1%) |
| CFO/TA 0.10 > 3% & CFO 787.4m > Net Income 674.7m |
| Net Debt (27.9m) to EBITDA (1.65b): 0.02 < 3 |
| Current Ratio: 2.24 > 1.5 & < 3 |
| Outstanding Shares: last quarter (402.0m) vs 12m ago 1.56% < -2% |
| Gross Margin: 39.00% > 18% (prev 33.24%; Δ 5.75% > 0.5%) |
| Asset Turnover: 36.37% > 50% (prev 39.12%; Δ -2.75% > 0%) |
| Interest Coverage Ratio: 17.74 > 6 (EBIT TTM 1.23b / Interest Expense TTM 69.2m) |
| A: 0.09 (Total Current Assets 1.35b - Total Current Liabilities 603.8m) / Total Assets 8.05b |
| B: 0.10 (Retained Earnings 781.7m / Total Assets 8.05b) |
| C: 0.18 (EBIT TTM 1.23b / Avg Total Assets 6.84b) |
| D: 1.71 (Book Value of Equity 4.79b / Total Liabilities 2.80b) |
| Altman-Z'' = 3.93 = AA |
| DSRI: 0.77 (Receivables 207.4m/238.0m, Revenue 2.49b/2.20b) |
| GMI: 0.85 (GM 33.24% / 39.00%) |
| AQI: 1.30 (AQ_t 0.06 / AQ_t-1 0.05) |
| SGI: 1.13 (Revenue 2.49b / 2.20b) |
| TATA: -0.01 (NI 674.7m - CFO 787.4m) / TA 8.05b) |
| Beneish M = -3.08 (Cap -4..+1) = AA |
As of August 08, 2026, the stock is trading at USD 27.61 with a total of 4,747,987 shares traded. Over the past week, the price has changed by +21.36%, over one month by +28.12%, over three months by +15.80% and over the past year by +194.70%.
Current recommended Stop Loss: 24.90 (which is 9.8% or 1.9 ATR below the current price).
Hudbay Minerals has received a consensus analysts rating of 4.68. Therefore, it is recommended to buy HBM.
- StrongBuy: 13
- Buy: 6
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 33.2 | 20.3% |
P/E Trailing = 13.6228
P/E Forward = 14.8588
P/S = 4.0936
P/B = 2.7618
P/EG = 2.09
Revenue TTM = 2.49b USD
EBIT TTM = 1.23b USD
EBITDA TTM = 1.65b USD
Long Term Debt = 536.5m USD (from longTermDebt, last fiscal year)
Short Term Debt = 27.0m USD (from shortTermDebt, last quarter)
Debt = 967.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 55.7m
Net Debt = 27.9m USD (calculated: Debt 967.8m - CCE 939.9m)
Enterprise Value = 10.1b USD (10.1b + Debt 967.8m - CCE 939.9m)
Interest Coverage Ratio = 17.74 (Ebit TTM 1.23b / Interest Expense TTM 69.2m)
EV/FCF = 41.12x (Enterprise Value 10.1b / FCF TTM 246.4m)
FCF Yield = 2.43% (FCF TTM 246.4m / Enterprise Value 10.1b)
FCF Margin = 9.90% (FCF TTM 246.4m / Revenue TTM 2.49b)
Net Margin = 27.12% (Net Income TTM 674.7m / Revenue TTM 2.49b)
Gross Margin = 39.00% ((Revenue TTM 2.49b - Cost of Revenue TTM 1.52b) / Revenue TTM)
Gross Margin QoQ = 40.99% (prev 48.59%)
Tobins Q-Ratio = 1.26 (Enterprise Value 10.1b / Total Assets 8.05b)
Interest Expense / Debt = 7.15% (Interest Expense 69.2m / Debt 967.8m)
Taxrate = 41.73% (484.4m / 1.16b)
NOPAT = 715.5m (EBIT 1.23b * (1 - 41.73%))
Current Ratio = 2.24 (Total Current Assets 1.35b / Total Current Liabilities 603.8m)
Debt / Equity = 0.20 (Debt 967.8m / totalStockholderEquity, last quarter 4.79b)
Debt / EBITDA = 0.02 (Net Debt 27.9m / EBITDA 1.65b)
Debt / FCF = 0.11 (Net Debt 27.9m / FCF TTM 246.4m)
Total Stockholder Equity = 3.66b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.86% (Net Income 674.7m / Total Assets 8.05b)
RoE = 18.43% (Net Income TTM 674.7m / Total Stockholder Equity 3.66b)
RoCE = 29.25% (EBIT 1.23b / Capital Employed (Equity 3.66b + L.T.Debt 536.5m))
RoIC = 9.73% (NOPAT 715.5m / Invested Capital 7.35b)
WACC = 13.49% (E(10.1b)/V(11.1b) * Re(14.38%) + D(967.8m)/V(11.1b) * Rd(7.15%) * (1-Tc(0.42)))
Discount Rate = 14.38% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 78.78 | Cagr: 6.22%
[DCF] Terminal Value 56.51% ; FCFF base≈292.7m ; Y1≈256.6m ; Y5≈207.4m
[DCF] Fair Price = 4.03 (EV 1.82b - Net Debt 27.9m = Equity 1.79b / Shares 444.1m; r=13.49% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 80.47 | EPS CAGR: 125.7% | SUE: -0.18 | # QB: 0
Revenue Correlation: 88.80 | Revenue CAGR: 16.04% | SUE: 0.27 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.37 | Chg30d=-5.47% | Revisions=+25% | Analysts=7
EPS current Year (2026-12-31): EPS=1.54 | Chg30d=-2.16% | Revisions=+25% | GrowthEPS=+129.3% | GrowthRev=+31.7%
EPS next Year (2027-12-31): EPS=1.88 | Chg30d=+5.86% | Revisions=+25% | GrowthEPS=+22.4% | GrowthRev=+14.8%
[Analyst] Revisions Ratio: +50% (up=3, down=0)