HBM Stock Analysis: Hudbay Minerals | NYSE
Copper | NYSE, USA | Market Cap: 10.757m USD | 12M Return: 37% | CA4436281022 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 114M
EPS Trend: 80.5%
Qual. Beats: 0
Rev. Trend: 88.8%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 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. (NYSE: HBM) is a Canadian diversified mining company engaged in the exploration, development, operation, and optimization of mineral properties across North and South America. Its production is anchored in copper concentrates, with gold, zinc, molybdenum, and silver recovered as by-products.
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, Hudbay operates within the GICS Materials sector and the Diversified Metals & Mining sub-industry.
Diversified miners typically generate revenue tied to base and precious metal prices, with copper serving as a key input for electrical wiring, construction, and renewable-energy infrastructure. By-product credits from gold, silver, and molybdenum can help offset copper production costs and reduce exposure to single-commodity price swings.
- Copper price rallies on tight supply and energy transition demand
- Constancia mine output holds steady amid Peru regulatory shifts
- Copper Mountain integration lifts consolidated copper production guidance
| 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 (25.2m) 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 October 18, 2026, the stock is trading at USD 23.62 with a total of 4,179,766 shares traded. Over the past week, the price has changed by -9.57%, over one month by -6.49%, over three months by +13.48% and over the past year by +37.04%.
Current recommended Stop Loss: 22.00 (which is 6.9% or 1.4 ATR below the current price).
Hudbay Minerals has received a consensus analysts rating of 4.57. Therefore, it is recommended to buy HBM.
- StrongBuy: 14
- Buy: 8
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 35.3 | 49.4% |
P/E Trailing = 14.1637
P/E Forward = 15.2672
P/S = 4.3581
P/B = 2.5683
P/EG = 2.09
Revenue TTM = 2.49b USD
EBIT TTM = 1.23b USD
EBITDA TTM = 1.65b USD
Long Term Debt = 860.2m USD (from longTermDebt, last quarter)
Short Term Debt = 27.0m USD (from shortTermDebt, last quarter)
Debt = 965.1m USD (from shortLongTermDebtTotal, last quarter) + Leases 53.0m
Net Debt = 25.2m USD (calculated: Debt 965.1m - CCE 939.9m)
Enterprise Value = 10.8b USD (10.8b + Debt 965.1m - CCE 939.9m)
Interest Coverage Ratio = 17.74 (Ebit TTM 1.23b / Interest Expense TTM 69.2m)
EV/FCF = 43.76x (Enterprise Value 10.8b / FCF TTM 246.4m)
FCF Yield = 2.29% (FCF TTM 246.4m / Enterprise Value 10.8b)
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 = 1.34 (Enterprise Value 10.8b / Total Assets 8.05b)
Interest Expense / Debt = 7.17% (Interest Expense 69.2m / Debt 965.1m)
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 965.1m / totalStockholderEquity, last quarter 4.79b)
Debt / EBITDA = 0.02 (Net Debt 25.2m / EBITDA 1.65b)
Debt / FCF = 0.10 (Net Debt 25.2m / 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 = 27.16% (EBIT 1.23b / Capital Employed (Equity 3.66b + L.T.Debt 860.2m))
RoIC = 9.73% (NOPAT 715.5m / Invested Capital 7.35b)
WACC = 13.53% (E(10.8b)/V(11.7b) * Re(14.37%) + D(965.1m)/V(11.7b) * Rd(7.17%) * (1-Tc(0.42)))
Discount Rate = 14.37% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 78.78 | Cagr: 6.22%
[DCF] Terminal Value 56.39% ; FCFF base≈292.7m ; Y1≈256.6m ; Y5≈207.4m
[DCF] Fair Price = 4.02 (EV 1.81b - Net Debt 25.2m = Equity 1.79b / Shares 444.1m; r=13.53% [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=0.36 | Chg30d=-4.84% | Revisions=+22% | Analysts=14
EPS current Year (2026-12-31): EPS=1.51 | Chg30d=-0.95% | Revisions=+44% | GrowthEPS=+125.5% | GrowthRev=+33.3%
EPS next Year (2027-12-31): EPS=2.03 | Chg30d=+5.03% | Revisions=-21% | GrowthEPS=+34.1% | GrowthRev=+15.9%
[Analyst] Revisions Ratio: +12% (up=13, down=10)