Hudbay Minerals Inc. (NYSE:HBM – Get Score) (TSE:HBM) – Equities researchers at Nationwide Financial institution Monetary issued their Q2 2022 EPS estimates for shares of Hudbay Minerals in a analysis word issued to buyers on Monday, July 18th. Nationwide Financial institution Monetary analyst S. Nagle forecasts that the mining firm will earn $0.07 per share for the quarter. Nationwide Financial institution Monetary at present has a “Sector Carry out” score on the inventory. The consensus estimate for Hudbay Minerals’ present full-year earnings is $0.50 per share. Nationwide Financial institution Monetary additionally issued estimates for Hudbay Minerals’ FY2022 earnings at ($0.18) EPS, FY2023 earnings at $0.24 EPS, FY2024 earnings at $0.32 EPS and FY2025 earnings at ($0.11) EPS.
Different analysis analysts additionally just lately issued analysis stories concerning the inventory. Canaccord Genuity Group decreased their value goal on shares of Hudbay Minerals from C$11.50 to C$9.50 in a analysis word on Thursday, July 14th. Barclays upgraded shares of Hudbay Minerals from an “equal weight” score to an “chubby” score in a report on Tuesday. Raymond James raised their value goal on Hudbay Minerals from C$13.00 to C$14.00 in a analysis report on Wednesday, April twentieth. Royal Financial institution of Canada reduce their goal value on Hudbay Minerals from C$14.00 to C$12.00 in a analysis report on Wednesday, Could eleventh. Lastly, CIBC decreased their value goal on shares of Hudbay Minerals from C$14.00 to C$11.50 in a analysis report on Wednesday, Could 18th. Two analysts have rated the inventory with a maintain score and 6 have issued a purchase score to the inventory. Based mostly on knowledge from MarketBeat, Hudbay Minerals has a consensus score of “Reasonable Purchase” and a mean value goal of $12.06.
Hudbay Minerals Inventory Efficiency
NYSE HBM opened at $3.46 on Thursday. Hudbay Minerals has a fifty-two week low of $3.08 and a fifty-two week excessive of $8.75. The corporate has a debt-to-equity ratio of 0.79, a fast ratio of 0.92 and a present ratio of 1.35. The enterprise’s 50 day shifting common value is $4.81 and its 200-day shifting common value is $6.55. The corporate has a market cap of $906.14 million, a P/E ratio of -7.52, a P/E/G ratio of 0.27 and a beta of two.15.
Hudbay Minerals (NYSE:HBM – Get Score) (TSE:HBM) final introduced its quarterly earnings knowledge on Monday, Could ninth. The mining firm reported $0.02 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $0.09 by ($0.07). Hudbay Minerals had a damaging web margin of seven.69% and a constructive return on fairness of 5.27%. The corporate had income of $378.62 million for the quarter, in comparison with analysts’ expectations of $402.00 million.
Hedge Funds Weigh In On Hudbay Minerals
Hedge funds have just lately made modifications to their positions within the firm. Russell Investments Group Ltd. raised its stake in Hudbay Minerals by 76.3% within the 4th quarter. Russell Investments Group Ltd. now owns 51,488 shares of the mining firm’s inventory valued at $373,000 after buying an extra 22,291 shares over the past quarter. Hillsdale Funding Administration Inc. acquired a brand new stake in shares of Hudbay Minerals within the first quarter valued at about $1,680,000. Schroder Funding Administration Group lifted its stake in shares of Hudbay Minerals by 2.2% within the fourth quarter. Schroder Funding Administration Group now owns 962,005 shares of the mining firm’s inventory price $8,812,000 after shopping for an extra 21,103 shares within the final quarter. Condire Administration LP lifted its stake in shares of Hudbay Minerals by 0.6% within the first quarter. Condire Administration LP now owns 4,273,919 shares of the mining firm’s inventory price $33,550,000 after shopping for an extra 23,782 shares within the final quarter. Lastly, 1492 Capital Administration LLC acquired a brand new place in Hudbay Minerals through the fourth quarter price about $162,000. Institutional buyers and hedge funds personal 67.11% of the corporate’s inventory.
About Hudbay Minerals
Hudbay Minerals Inc, a diversified mining firm, along with its subsidiaries, focuses on the invention, manufacturing, and advertising of base and valuable metals in North and South America. It produces copper concentrates containing copper, gold, and silver; silver/gold doré; molybdenum concentrates; and zinc metals.
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