(HBM) Hudbay Minerals - Overview

Sector: Basic Materials | Industry: Copper | Exchange: NYSE (USA) | Market Cap: 10.772m USD | Total Return: 198.7% in 12m

Copper, Gold, Zinc, Molybdenum, Silver
Total Rating 68
Safety 61
Buy Signal -0.38
Copper
Industry Rotation: -24.2
Market Cap: 10.8B
Avg Turnover: 123M
Risk 3d forecast
Volatility62.2%
VaR 5th Pctl10.4%
VaR vs Median1.31%
Reward TTM
Sharpe Ratio2.19
Rel. Str. IBD93.3
Rel. Str. Peer Group84.4
Character TTM
Beta2.058
Beta Downside2.061
Hurst Exponent0.526
Drawdowns 3y
Max DD41.10%
CAGR/Max DD1.83
CAGR/Mean DD5.94
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": 0.4,
EPS CAGR: 37.86%
EPS Trend: 64.5%
Last SUE: -0.11
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: 745.429477,
Rev. CAGR: 16.87%
Rev. Trend: 68.4%
Last SUE: 1.25
Qual. Beats: 1

Warnings

Choppy

Tailwinds

Leader

Description: HBM Hudbay Minerals

Hudbay Minerals Inc. (HBM) is a Toronto-based diversified mining company established in 1927. The firm manages a portfolio of exploration, development, and operational assets across North and South America, with a primary focus on copper, gold, silver, zinc, and molybdenum. A key asset in its current production profile is the 100% owned Copper Mountain mine located in British Columbia.

Operating within the Diversified Metals & Mining sub-industry, the company’s business model is highly sensitive to global industrial demand and the transition toward electrification, which requires significant copper inputs. Unlike pure-play miners, diversified operators mitigate risk by extracting precious metal by-products alongside base metals, often lowering the net cash cost of production. For a deeper look at company valuations, you may find it useful to explore the data on ValueRay.

The company underwent a corporate rebranding in 2017 and continues to focus on asset optimization within stable jurisdictions. Its strategic positioning emphasizes the extraction of concentrates for global smelting and refining markets.

Headlines to Watch Out For
  • Copper price fluctuations directly impact revenue from diversified North American assets
  • Constancia and Copper Mountain production volumes drive quarterly earnings performance
  • Operational cost management at high-altitude mines influences overall profit margins
  • Gold and silver byproduct credits significantly lower net cash costs per pound
  • Regulatory stability in Peru and Canada affects long-term project development timelines
Piotroski VR‑10 (Strict) 7.0
Net Income: 657.8m TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA -1.35 > 1.0
NWC/Revenue: 17.27% < 20% (prev 28.60%; Δ -11.32% < -1%)
CFO/TA 0.11 > 3% & CFO 769.3m > Net Income 657.8m
Net Debt (61.3m) to EBITDA (1.54b): 0.04 < 3
Current Ratio: 1.36 > 1.5 & < 3
Outstanding Shares: last quarter (398.8m) vs 12m ago 0.77% < -2%
Gross Margin: 35.02% > 18% (prev 0.36%; Δ 3.47k% > 0.5%)
Asset Turnover: 38.07% > 50% (prev 37.97%; Δ 0.10% > 0%)
Interest Coverage Ratio: 15.17 > 6 (EBITDA TTM 1.54b / Interest Expense TTM 72.5m)
Altman Z'' 3.16
A: 0.06 (Total Current Assets 1.56b - Total Current Liabilities 1.15b) / Total Assets 6.92b
B: 0.09 (Retained Earnings 650.1m / Total Assets 6.92b)
C: 0.18 (EBIT TTM 1.10b / Avg Total Assets 6.21b)
D: 1.22 (Book Value of Equity 3.55b / Total Liabilities 2.91b)
Altman-Z'' Score: 3.16 = A
Beneish M -2.37
DSRI: 1.10 (Receivables 336.0m/270.9m, Revenue 2.37b/2.09b)
GMI: 1.03 (GM 35.02% / 36.12%)
AQI: 1.79 (AQ_t 0.09 / AQ_t-1 0.05)
SGI: 1.13 (Revenue 2.37b / 2.09b)
TATA: -0.02 (NI 657.8m - CFO 769.3m) / TA 6.92b)
Beneish M-Score: -2.37 (Cap -4..+1) = BBB
What is the price of HBM shares? As of May 16, 2026, the stock is trading at USD 24.95 with a total of 6,452,544 shares traded.
Over the past week, the price has changed by -0.28%, over one month by +0.28%, over three months by -0.92% and over the past year by +198.72%.
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?
Analysts Target Price 32.7 30.9%
Hudbay Minerals (HBM) - Fundamental Data Overview as of 14 May 2026
P/E Trailing = 16.2395
P/E Forward = 14.3678
P/S = 4.2675
P/B = 2.8125
P/EG = 2.09
Revenue TTM = 2.37b USD
EBIT TTM = 1.10b USD
EBITDA TTM = 1.54b USD
Long Term Debt = 536.9m USD (from longTermDebt, last quarter)
Short Term Debt = 502.8m USD (from shortTermDebt, last quarter)
Debt = 1.07b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 61.3m USD (from netDebt column, last quarter)
Enterprise Value = 10.83b USD (10.77b + Debt 1.07b - CCE 1.01b)
Interest Coverage Ratio = 15.17 (Ebit TTM 1.10b / Interest Expense TTM 72.5m)
EV/FCF = 42.88x (Enterprise Value 10.83b / FCF TTM 252.6m)
FCF Yield = 2.33% (FCF TTM 252.6m / Enterprise Value 10.83b)
FCF Margin = 10.68% (FCF TTM 252.6m / Revenue TTM 2.37b)
Net Margin = 27.81% (Net Income TTM 657.8m / Revenue TTM 2.37b)
Gross Margin = 35.02% ((Revenue TTM 2.37b - Cost of Revenue TTM 1.54b) / Revenue TTM)
Gross Margin QoQ = 45.72% (prev 33.37%)
Tobins Q-Ratio = 1.57 (Enterprise Value 10.83b / Total Assets 6.92b)
Interest Expense / Debt = 1.68% (Interest Expense 17.9m / Debt 1.07b)
Taxrate = 43.51% (145.5m / 334.3m)
NOPAT = 621.4m (EBIT 1.10b * (1 - 43.51%))
Current Ratio = 1.36 (Total Current Assets 1.56b / Total Current Liabilities 1.15b)
Debt / Equity = 0.30 (Debt 1.07b / totalStockholderEquity, last quarter 3.55b)
Debt / EBITDA = 0.04 (Net Debt 61.3m / EBITDA 1.54b)
Debt / FCF = 0.24 (Net Debt 61.3m / FCF TTM 252.6m)
Total Stockholder Equity = 3.18b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.59% (Net Income 657.8m / Total Assets 6.92b)
RoE = 20.70% (Net Income TTM 657.8m / Total Stockholder Equity 3.18b)
RoCE = 29.60% (EBIT 1.10b / Capital Employed (Equity 3.18b + L.T.Debt 536.9m))
RoIC = 14.77% (NOPAT 621.4m / Invested Capital 4.21b)
WACC = 12.11% (E(10.77b)/V(11.84b) * Re(13.22%) + D(1.07b)/V(11.84b) * Rd(1.68%) * (1-Tc(0.44)))
Discount Rate = 13.22% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.60%
[DCF] Terminal Value 65.30% ; FCFF base≈261.7m ; Y1≈267.6m ; Y5≈296.8m
[DCF] Fair Price = 7.15 (EV 2.90b - Net Debt 61.3m = Equity 2.84b / Shares 397.2m; r=12.11% [WACC]; 5y FCF grow 2.10% → 3.0% )
EPS Correlation: 64.52 | EPS CAGR: 37.86% | SUE: -0.11 | # QB: 0
Revenue Correlation: 68.36 | Revenue CAGR: 16.87% | SUE: 1.25 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.35 | Chg30d=-16.47% | Revisions=-56% | Analysts=0
EPS next Quarter (2026-09-30): EPS=0.45 | Chg30d=-1.96% | Revisions=-11% | Analysts=0
EPS current Year (2026-12-31): EPS=1.59 | Chg30d=-11.40% | Revisions=-54% | GrowthEPS=+138.0% | GrowthRev=+32.8%
EPS next Year (2027-12-31): EPS=2.15 | Chg30d=+0.65% | Revisions=+0% | GrowthEPS=+35.0% | GrowthRev=+14.7%